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.
This incredible property offers diverse business, commercial, and industrial opportunities. Spread over 44.36 acres on 4 parcels with an impressive amount of road frontage on Route 322, this location is a true powerhouse for visibility and growth. For over 25 years, this location has been home to a successful business and iconic showroom. The 11,000-square-foot state-of-the-art showroom features a loft area, multiple offices, storage spaces and reception area. Just beyond that is 16,000 square feet of service bays, support areas, inventory storage, and loading docks. This setup is ideal for large-scale business operations. In addition, there are multiple residential income-producing units, a massive event barn, fully equipped, painting and mechanic shops, as well as a primary residence, multiple garages and additional outbuildings. Whether to expand on the existing infrastructure, create a new complex, or develop a multi-use hub, the possibilities are endless. This is more than just real estate—it’s an opportunity for innovation, expansion, and investment in one of the most strategic locations in Pennsylvania. With its unique zoning classification, this property allows for many principal and conditional uses. This property occupies a prime logistical location at the heart of Pennsylvania, with direct connections from Route 322 to Interstates 80 and 99—key arteries for coast-to-coast and regional trade. Its central position in the state places it at the nexus of rail lines and roadways, perfectly suited for distribution, logistics, or national operations. Close to University Park Airport and the Harrisburg International Airport, and within a few hours’ drive to other major airports such as Philadelphia, Newark, JFK and Baltimore, to name a few. This listing is being sold individually or as a package with PACE2516896. For the combined offering see PACE2516292.
This incredible property offers diverse business, commercial, and industrial opportunities. Spread over 146 acres with an impressive 1,600 feet of frontage on Route 322, this location is a true powerhouse for visibility and growth. For over 25 years, this location has been home to a successful business and iconic showroom. The 11,000-square-foot state-of-the-art showroom features a loft area, multiple offices, storage spaces and reception area. Just beyond that is 16,000 square feet of service bays, support areas, inventory storage, and loading docks. This setup is ideal for large-scale business operations. In addition, there are multiple residential income-producing units, a massive event barn, fully equipped, painting and mechanic shops, as well as a primary residence, multiple garages and additional outbuildings. There are over 90 acres of prime agricultural land ready for a vision. Whether to expand on the existing infrastructure, create a new complex, or develop a multi-use hub, the possibilities are endless. This is more than just real estate—it’s an opportunity for innovation, expansion, and investment in one of the most strategic locations in Pennsylvania. With its unique zoning classification, this property allows for many principal and conditional uses. This property occupies a prime logistical location at the heart of Pennsylvania, with direct connections from Route 322 to Interstates 80 and 99—key arteries for coast-to-coast and regional trade. Its central position in the state places it at the nexus of rail lines and roadways, perfectly suited for distribution, logistics, or national operations. Close to University Park Airport and the Harrisburg International Airport, and within a few hours’ drive to other major airports such as Philadelphia, Newark, JFK and Baltimore, to name a few.
Centre Hall is located in Pennsylvania. Centre Hall, Pennsylvania has a population of 1,496. Centre Hall is less family-centric than the surrounding county with 22.74% of the households containing married families with children. The county average for households married with children is 30.96%.
The median household income in Centre Hall, Pennsylvania is $63,854. The median household income for the surrounding county is $64,995 compared to the national median of $69,021. The median age of people living in Centre Hall is 47.4 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 41.4 inches per year, with 44.3 inches of snow per year.
