About 129-141 Medical Park Ln
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.
Features of 129-141 Medical Park Ln
| MLS® # | PACE2519278 |
|---|---|
| Price | $2,400,000 |
| Bathrooms | 0.00 |
| Square Footage | 12,384 |
| Acres | 6.09 |
| Year Built | 1997 |
| Type | Commercial Sale |
| Sub-Type | Services |
| Status | Active |
Community Information
| Address | 129-141 Medical Park Ln |
|---|---|
| Area | Bellefonte Boro |
| City | BELLEFONTE |
| County | CENTRE-PA |
| State | PA |
| Municipality | BELLEFONTE BORO |
| Zip Code | 16823 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
Exterior
| Exterior | Brick, Concrete |
|---|---|
| Roof | Shingle |
| Construction | Brick, Concrete |
Additional Information
| Date Listed | June 5th, 2026 |
|---|---|
| Days on Market | 99 |
| Zoning | CO |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Continental Real Estate Management |
|---|---|
| Contact Info | 8142381598 |