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Dual-Concept Restaurant Property
For Sale
Contact for pricing
Pending

100 E 3rd Ave, Altoona, PA 16602

Restaurant building with an operating sandwich shop and fine dining concept under one roof.

Property SizeContact for details
Days on Market141

Property Features for 100 E 3rd Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: Coldwell Banker Town & Country R.E.
Listed By: Michaela Miller · License #PA
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Town & Country R.E.

Investment Insights

Based on property information with market context.

This restaurant property combines two distinct food-service concepts within a single building: a sandwich shop and a fine dining restaurant. The offering includes both the real estate and restaurant equipment, with the assets conveyed in as-is condition.

Located at 100 E 3rd Ave in Altoona, Pennsylvania, the property presents a combined restaurant operation rather than a single-use concept. The existing configuration supports separate casual and fine dining identities under one roof.

Key Highlights

  • Two restaurant concepts operate under one roof
  • Includes a sandwich shop and fine dining restaurant
  • Building and equipment are offered as‑is

Property Analytics

Current Use

Luigetta's Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Electrical Service Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

509
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Apparel 10% Home Improvements & Furnishings 3%
Dollar General Shops & Services
8,928 visits/mo 0.3 miles
DTLR/VILLA Apparel
996 visits/mo 0.1 miles
Sunbelt Rentals, Inc. Home Improvements & Furnishings
352 visits/mo 0.3 miles

Demographics for 16602, PA

27,996
Population
13,171
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
1,904
Density / Sq Mi
$53,097
Median Household Income
$37,336
Median Earnings
$842
Median Rent
$120,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building with an operating sandwich shop and fine dining concept under one roof.
Where is this conventional restaurant located?
The property is located at 100 E 3rd Ave Altoona, PA.
What are key features of this property?
This property features: Two restaurant concepts operate under one roof; Includes a sandwich shop and fine dining restaurant; Building and equipment are offered as‑is
More about this property
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