12,384 sqft

$2,400,000

129 MEDICAL PARK LANE, BELLEFONTE PA, 16823

Price per sqft$193.80

Built in1997

Property size12,384 sqft

Property typeCommercial

Overview

Active

Active-bright

Listed Jun 5, 2026

Updated 6 days ago

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.

Additional information

MLS^® ID: PACE2519278

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 6.09 Acres

Other Property Details

Taxes: $41,300
Tax Frequency: Annually

Listed by Continental Real Estate Management
Listing Contact: 8143084768

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/2/2026 at 12:08 AM UTC

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