Free-Standing Bank with
176 Lovell Avenue Ebensburg, PA 15931
176 Lovell Avenue, Ebensburg, PA, 15931
$474,900
For Sale
$474,900
COMMERCIAL - Ebensburg, PA
Property Size2,086 SF
Lot Size0.73 Acres
Price / SF$227.66
Days on Market980
Property Features for 176 Lovell Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Lighting, Private Yard
- Standard status
- Active
- APN
- 26-023. -203.000
- Size
- 2,086 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- 2022-4699
- Tax Annual Amount
- 5089
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1992
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Howard Hanna Bardell Realty Altoona
(814) 313-4111
300 Orchard Ave, Bedford, PA
Listed by
Hunter Ott · License #RS353898
(814) 254-8121
Added: Nov 10, 2023 Checked: Jul 17 at 9:06 pm
MLS# 73490
Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This free-standing, all-brick former bank building is offered for sale or lease. The property includes a full drive-through system and is situated on approximately 0.73 acres, providing space for on-site parking and room for future expansion.
The site is located in Ebensburg, PA, and is surrounded by a mix of businesses including law offices, medical space, townhouses, and gas stations. It is also noted to be about two minutes from several major retailers.
With approximately 2,086 square feet of building area, the layout is suited to users seeking a standalone facility with drive-through access on a larger lot.
The site is located in Ebensburg, PA, and is surrounded by a mix of businesses including law offices, medical space, townhouses, and gas stations. It is also noted to be about two minutes from several major retailers.
With approximately 2,086 square feet of building area, the layout is suited to users seeking a standalone facility with drive-through access on a larger lot.
Key Highlights
- Free‑standing all‑brick building in the heart of Ebensburg, built in 1992
- Full drive‑through system for convenient customer access
- Sits on just under 3/4 acre with room for expansion or parking
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $15.00 |
| − Vacancy | −$3.3k | −$1.58 |
| EGI | $28.0k | $13.43 |
| − OpEx | −$7.0k | −$3.36 |
| NOI | $21.0k | $10.07 |
2,086 SF · lease $15.00/SF/yr · vacancy 10.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$300.0K
$262.5K – $350.1K
NOI $21,003 @ 7.0% cap · market cap 4.42%
Second Best
Retail
$294.1K
$257.4K – $343.2K
NOI $20,589 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$629.4K
$550.7K – $734.3K
NOI $44,056 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Freestanding all-brick building offers a full drive-through system and sits on just under 3/4 acre.
Where is this bank located?
The property is located at 176 Lovell Avenue Ebensburg, PA.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Free‑standing all‑brick building in the heart of Ebensburg, built in 1992; Full drive‑through system for convenient customer access; Sits on just under 3/4 acre with room for expansion or parking
