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Turnkey Bar and Restaurant
For Sale
$775,000

1524 E Walton Ave, Altoona, PA 16602

Turnkey bar and restaurant on 1.07 acres with fully equipped commercial kitchen, private parking, and a hotel liquor license included.

Property Size8,407 SF
Lot Size1.07 Acres
Price / SF$92.19
Days on Market221

Property Features for 1524 E Walton Ave

General Information

Standard status Active
Size 8,407 SF
Lot size 1.07 Acres

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,740
Listing Agency: White Diamond Realty
Listed By: James Hanley · License #AB068327
Source: Exprealty
Added: Feb 5 Changed: Sep 10 Last Checked: Sep 14 at 5:37AM

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 White Diamond Realty

Investment Insights

Based on property information with market context.

Turnkey bar and restaurant built for guest engagement and entertainment, offered with the venue’s operating infrastructure. The offering includes a commercial kitchen and bar equipment, along with fixtures used for daily operations. Entertainment-ready spaces include a spacious dance floor, an elevated stage for live bands and DJs, a private VIP area, a dedicated pool room, and multiple bar areas. The property also includes established brand recognition and the ability for an owner-operator to step in and continue operations.

The venue sits on 1.07 acres along a high-traffic roadway, with a large private parking lot intended to support guest arrivals. In addition to the bar and restaurant operations, the package includes a hotel liquor license, supporting full bar and restaurant operations and live entertainment and promotional events.

Five boarding rooms are included as an additional income stream. The sale also references the ability to host outdoor events on the 1.07 acres, leveraging the existing infrastructure for future programming.

Key Highlights

  • Turnkey bar and restaurant with commercial kitchen and bar equipment
  • Hotel liquor license included for full bar and restaurant operations and live entertainment
  • 1.07‑acre site along a high‑traffic roadway with large private parking lot

Property Analytics

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Current Use

ATM Atm 30 Something Restaurant ... Bar & Pub Kryptonite Nightclub Nightclub

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Big Box & Wholesale Store Building Supply

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
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
45k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Dining 6% Hotels & Casinos 3%
Sheetz Shops & Services
23,805 visits/mo 0.5 miles
First Commonwealth Bank Shops & Services
7,029 visits/mo 0.5 miles
Sunoco Shops & Services
5,029 visits/mo 0.5 miles
Reliance Bank Shops & Services
3,028 visits/mo 0.4 miles
Domino's Pizza Dining
2,619 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Frank & D's Pub 2327 6th Ave, Altoona, PA 16602
  • 4D'S Lounge 1801 Logan Ave, Altoona, PA 16602
  • Swiss Club of Altoona 1219 Harrison Ave, Altoona, PA 16602
  • Old Dutch Grille 818 24th St, Altoona, PA 16602
  • Molly Maguire's 1600 Bell Ave, Altoona, PA 16602

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey bar and restaurant on 1.07 acres with fully equipped commercial kitchen, private parking, and a hotel liquor license included.
Where is this bar & pub located?
The property is located at 1524 E Walton Ave Altoona, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Turnkey bar and restaurant with commercial kitchen and bar equipment; Hotel liquor license included for full bar and restaurant operations and live entertainment; 1.07‑acre site along a high‑traffic roadway with large private parking lot
More about this property
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