About 200 Elmwood St
200 Elmwood Street offers a rare turnkey mixed-use investment opportunity in highly desirable College Township just minutes from Penn State University, Downtown State College, Route 322, and I-99. The property features a long-established veterinary practice operating under a triple net lease and a recently upgraded 3-bedroom, 1-bath residential apartment, creating multiple income streams The veterinary practice occupies approximately 5,905 SF across two floors and recently expanded into former garage/storage space. Over the past year, the practice completed extensive renovations and improvements to the facility, including additional veterinary space and upgrades throughout the property. The residential apartment encompasses approximately 1,674 SF and has also been recently renovated. Positioned on approximately 1.30 acres with excellent visibility and approximately 25 parking spaces, the property is zoned Gateway Commercial (GC), allowing for a wide variety of future commercial uses and long-term flexibility. With approximately 7,579 SF total, strong accessibility, established tenancy, and a highly desirable location, this property presents an exceptional investment opportunity in the State College market.
Features of 200 Elmwood St
| MLS® # | PACE2519008 |
|---|---|
| Price | $1,990,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,579 |
| Acres | 1.30 |
| Year Built | 1965 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 200 Elmwood St |
|---|---|
| Area | College Twp |
| City | STATE COLLEGE |
| County | CENTRE-PA |
| State | PA |
| Municipality | COLLEGE TWP |
| Zip Code | 16801 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
Exterior
| Exterior | Brick, Combination, Wood Siding, Stucco |
|---|---|
| Roof | Architectural Shingle |
| Construction | Brick, Combination, Wood Siding, Stucco |
Additional Information
| Date Listed | July 29th, 2026 |
|---|---|
| Days on Market | 45 |
| Zoning | COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Advantage Realty |
|---|
