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129 MEDICAL PARK LANE, Bellefonte, PA 16823

 (Sold on )

$2,400,000

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Source MLS Verified
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  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • PACE2519278MLS#
-1 More Schedule

Property Description

This two-building commercial portfolio at 129 & 141 Medical Park Lane offers a compelling investment opportunity with immediate cash flow and long-term upside, featuring approximately 12,384 SF across 6.09 acres in a highly accessible, strategically located Bellefonte corridor. The property is currently leased to a medical tenant, generating stable income through December 31, 2027, allowing a buyer to benefit from in-place cash flow while evaluating future development potential. Following the lease term, a deed restriction will prohibit medical users, giving a new owner flexibility to reposition the asset and explore alternative uses or redevelopment to enhance long-term value. This offering is attractive to investors, end users and developers.

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Property Details 129 MEDICAL PARK LANE, BELLEFONTE, PA 16823

Facts & Features

  • MLS #: PACE2519278
  • Status: Active
  • Date Listed: 06/05/2026
  • Type: Commercial
  • Sub Type: Services
  • Year Built: 1997
  • Price: $2,400,000
  • Acres: 6.09
  • Area: Bellefonte Boro (16432)
  • County: Centre

Amenities

  • Waterfront Type: Public

Interior

  • Heating: Central
  • Cooling: Central A/C

Exterior

  • Roof: Shingle
  • Construction: Brick, Concrete

Schools

  • School District: Bellefonte Area

Additional Information

  • Zoning: Co

Tax Information

  • Tax: $41,300

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