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The property has been a successful martial arts studio for decades, but the business does not convey. Many opportunities with the property, that is in good condition. New CHA pump two years ago. There are two separate bathrooms and a small kitchen too. Restaurant, offices, light manufacturing, and short-term rentals such as AirBnB or VRBO are possible. It would make a very large primary residence or a good weekend getaway 150 yards from the famous Penns Creek trout stream. Or use one area for an office, another for an apartment, and a third for short-term rental. The possibilities are endless. At $54.82 sq. ft, it will be difficult to find a commercial space in Centre County with that kind of pricing.
| DAYS ON MARKET | 0 | LAST UPDATED | 8/20/2026 |
|---|---|---|---|
| YEAR BUILT | 1902 | COMMUNITY | Gregg Twp (16421) |
| COUNTY | CENTRE | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PENNS VALLEY AREA |
|---|---|
| Elementary School | PENNS VALLEY |
| Jr. High School | PENNS VALLEY INTERMEDIATE |
| High School | PENNS VALLEY AREA JR-SR |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Gregg Twp (16421) |
| BASEMENT | Yes |
| CONSTRUCTION | Brick, Frame |
| HEAT | Forced Air, Oil |
| LOT | 0.64 acre(s) |
| PARKING | Driveway, Parking Lot |
| TAXES | 2192.71 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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