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    328 5Th Ave Altoona, PA 16602

    For Sale
    $299,900

    Prime location, high potential, updated building.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property at 328 5th Avenue in Altoona, PA, presents a unique investment opportunity. Spanning 4,000 square feet on a 0.25-acre lot, this building offers significant potential for both residential and commercial use. Previously a funeral home, the property boasts two fully functional apartments, with the potential to create three more units. The existing office and embalming room are readily adaptable into a spacious first-floor living area, complete with kitchen and bathroom. Recent upgrades include a new roof, windows, and repointed brickwork, ensuring the building's structural integrity and curb appeal. The heating system comprises a high-efficiency gas hot water boiler with two zones, supplemented by a gas-fired furnace and mini-split units for climate control. The property also features new decking and flooring, enhancing its livability. Hardwood floors are present throughout, and the building's design lends itself well to creating handicap-accessible rental units. Central air conditioning is installed for year-round comfort. For added security, a video surveillance system is already in place. The asking price is $299,900. Pre-qualification is required before scheduling a viewing.

    Property Features for 328 5Th Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,000 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1902
    Property Profile Location Intelligence

    Current Use by Public Records

    Good's Funeral Parlor Funeral Home Good's Funeral Parlor: ... Funeral Home

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Blair
    State
    Pennsylvania
    Longitude
    -78.38875
    Latitude
    40.51949

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high potential, updated building.
    Where is this mixed-use property located?
    The property is located at 328 5Th Ave Altoona, PA.
    What is the asking price?
    The asking price for this property is $299,900.
    (814) 946-9355
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    328 5Th Ave Altoona, PA 16602
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    Altoona, PA 16602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    328 5Th Ave Altoona, PA 16602
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