Description

Central Penn College, through its real estate broker RSR Realtors, is publishing the Request for Proposals (RFP) to sell or lease SOME of its under-utilized real estate on or adjacent to its campus in Summerdale, PA. The subjects of the RFP include development land, residential housing, and commercial buildings. CPC is especially interested in uses of the various properties that are the subject of this RFP that would enhance campus life at the College for its students, faculty and administration. THE LIST PRICE IS A PLACE HOLDER AND IS NOT MEANT TO REFLECT THE VALUE OF THE PROPERTY. This is a corner property at a busy lighted intersection. Property is currently being used as a parking lot for Central Penn College and can be purchased separately or as part of a larger portfolio of properties available for sale and lease at Central Penn College. Zoned Single Family (R1) but subject to College Overlay zoning that could permit many uses such as residential (including high density), retail, office, medical, athletic facilities and more. Development of this property by a private developer will require a text amendment, and it is understood that East Pennsboro Township would look upon such a text amendment positively. Please contact listing agent to obtain a copy of the Request for Proposals and a concept plan developed by seller's engineer that shows how this lot could be developed.

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Listed by: Garrett Rothman