Development Opportunity | 118 S Atherton St
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Development Opportunity 118 S Atherton St
37 Room Hotel State College, PA 16801 For Sale
Executive Summary
• Vibrant and Walkable State College Location
• Short Walk from PSU University Park Campus and Downtown State College
• Situated on South Atherton Street (Business Route 322) Just Off College Avenue
• Adjacent to The Metropolitan at State College
• Close Proximity to Penn State University’s West Campus Expansion
• 2 Blocks of The Residences at College and Atherton, a Proposed 455,000 SF Mixed-Use Project
• Across the Street from Atherton Hotel, Site of the New Graduate Hotel
• Premium Access to All the Retail, Dining and Entertainment Venues along College Avenue and Surrounding Area of State College
• Short Walk from PSU University Park Campus and Downtown State College
• Situated on South Atherton Street (Business Route 322) Just Off College Avenue
• Adjacent to The Metropolitan at State College
• Close Proximity to Penn State University’s West Campus Expansion
• 2 Blocks of The Residences at College and Atherton, a Proposed 455,000 SF Mixed-Use Project
• Across the Street from Atherton Hotel, Site of the New Graduate Hotel
• Premium Access to All the Retail, Dining and Entertainment Venues along College Avenue and Surrounding Area of State College
Property Facts
| Sale Type | Investment | No. Rooms | 37 |
| Property Type | Hospitality | Number of Floors | 4 |
| Property Subtype | Hotel | Year Built | 2024 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.49 AC | Parking Ratio | 1.4/1,000 SF |
| Building Size | 21,500 SF | Corridor | Exterior |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 21,500 SF |
| No. Rooms | 37 |
| Number of Floors | 4 |
| Year Built | 2024 |
| Tenancy | Single |
| Parking Ratio | 1.4/1,000 SF |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 37 | £41.47 | - |
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Walk Score ®
Walker's Paradise (92)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 36-011-195-0000 | Improvements Assessment | £219,951 |
| Land Assessment | £117,759 | Total Assessment | £337,709 |
PROPERTY TAXES
Parcel Number
36-011-195-0000
Land Assessment
£117,759
Improvements Assessment
£219,951
Total Assessment
£337,709
zoning
| Zoning Code | CID |
| CID |
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Development Opportunity | 118 S Atherton St
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