129-141 MEDICAL PARK LN, Bellefonte, PA 16823
129-141 MEDICAL PARK LN, Bellefonte, PA 16823
129-141 MEDICAL PARK LN, Bellefonte, PA 16823
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by David Fonash • Continental Real Estate Management
$2,400,000
Est. payment /mo
6.09 Acres Lot
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Key Details

Property Type Commercial

Sub Type Services

Listing Status Active

Purchase Type For Sale

MLS Listing ID PACE2519278

Year Built 1997

Annual Tax Amount $41,300

Tax Year 2026

Lot Size 6.090 Acres

Acres 6.09

Property Sub-Type Services

Source BRIGHT

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.

Location

State PA

County Centre

Area Bellefonte Boro (16432)

Zoning CO

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 73.0

Water Access N

Roof Type Shingle

Accessibility Doors - Lever Handle(s), Level Entry - Main, No Stairs

Total Parking Spaces 73

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Bellefonte Area

Others

Tax ID 13-004-,108-,0000-

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

Virtual Tour https://drive.google.com/file/d/1uT8X0sNRTb8k9IWoa2QnvUdAGB6HFhKn/view?usp=sharing

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Bright MLS (BMLS)
Nearby Locations
Simone Velvel

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland 20895, USA

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129-141 MEDICAL PARK LN

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