Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2005
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Metal Siding
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
8.34
-
Property Type
Commercial Sale
Price
-
Sales Price
$4,500,000
-
Tax Amount
20957.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
CENTRE
Elementary School
Middle School
High School
Listing Courtesy of Erin Calandra Witmer , Kissinger, Bigatel & Brower
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AGENT
ChanaShaffer
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