5
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$4,500,000
Est. payment /mo
8.34 Acres Lot
New
138 YEARICKS BLVD Centre Hall, PA 16828
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Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID PACE2517188
Year Built 2005
Annual Tax Amount $20,957
Tax Year 2025
Lot Size 8.340 Acres
Acres 8.34
Lot Dimensions 0.00 x 0.00
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
322 Self Storage offers a strong, stabilized investment opportunity in Centre County, located at 138 Yearicks Boulevard, Centre Hall, PA. The property is 79% occupied and delivers reliable in-place income with a current 6.4% cap rate, plus long-term value-add potential. The 35,850 SF, 216-unit facility was built in 2005 and features wide drive aisles, multiple access points, an on-site office, fenced grounds, security cameras, and excellent exterior lighting. Positioned directly off Highway 322, the property benefits from high visibility and illuminated signage seen by over 14,000 vehicles daily.
Situated on 8.34 acres, the site includes significant excess land with permitted expansion opportunities, allowing a new owner to diversify income streams rather than relying on a single use. Future development options include additional self-storage, industrial storage, automotive storage, or even select retail uses, offering flexibility and downside protection.
Located just 8.7 miles from State College and Penn State University, the property benefits from a built-in customer base of students, faculty, and staff. More than 116,000 residents within a 10-mile radius further support consistent demand.
This is a rare opportunity to acquire a high-occupancy, income-producing asset with multiple paths for growth and diversification in a prime Centre County location.
Situated on 8.34 acres, the site includes significant excess land with permitted expansion opportunities, allowing a new owner to diversify income streams rather than relying on a single use. Future development options include additional self-storage, industrial storage, automotive storage, or even select retail uses, offering flexibility and downside protection.
Located just 8.7 miles from State College and Penn State University, the property benefits from a built-in customer base of students, faculty, and staff. More than 116,000 residents within a 10-mile radius further support consistent demand.
This is a rare opportunity to acquire a high-occupancy, income-producing asset with multiple paths for growth and diversification in a prime Centre County location.
Location
State PA
County Centre
Area Potter Twp (16420)
Zoning COMM-IND
Interior
Hot Water Other
Heating None
Cooling None
Flooring Concrete
Heat Source None
Exterior
Garage Spaces 20.0
Water Access N
Roof Type Metal
Accessibility None
Total Parking Spaces 20
Garage N
Building
Foundation Slab
Sewer Public Septic
Water Public
New Construction N
Schools
School District Penns Valley Area
Others
Tax ID 20-008-,005F,0000-
Ownership Fee Simple
Security Features Exterior Cameras
Special Listing Condition Standard
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