For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Neighborhood Shopping Center with Parking Title is generated by Realmo AI

    200 E Pleasant Valley Blvd, Altoona, PA 16602

    View on Map
    Claim this Listing
    For Sale
    $1,300,000

    COMMERCIAL - Altoona, PA

    Property size:
    11,536 SF
    Lot size:
    1.03 Acres
    Price / SF:
    $112/SF
    Added:
    Aug 28, 2025
    Days on Market:
    305
    Last Refresh:
    Jun 28 at 10:06 pm

    Property Features for 200 E Pleasant Valley Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Exterior features
    Lighting, Private Entrance
    Standard status
    Active
    APN
    1.10-13-119
    Size
    11,536 SF
    Lot size
    1.03 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    12605

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1995
    Building materials
    Block, Vinyl Siding
    Roof type
    Shingle

    We can help!

    Contact an agent
    Richard Johnston
    Richard Johnston

    Listing agent Richard Johnston License #RM028146A

    Listing office Howard Hanna Bardell Realty Altoona 300 Orchard Ave, Bedford, PA

    Listing date Aug 28, 2025

    MLS# 78297

    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.

    HighLights

    • Keystone Plaza location offers established restaurant and dollar store, attracting consistent customer traffic.
    • Benefit from approximately 30 parking spaces for customers and tenants.
    • Central air conditioning and natural gas forced air heating provide year‑round comfort.
    • Durable construction with block and vinyl siding exterior.
    • Public water and sewer connections ensure reliable utility services.
    • Private entrance and lighting enhance accessibility and security.

    Overview

    Keystone Plaza is a commercial shopping center for sale totaling 11,536 square feet on approximately 1.03 acres. The center includes a restaurant and a dollar store, creating a simple retail mix designed for day-to-day customer traffic. The property also provides approximately 30 parking spaces to support on-site convenience.

    Located at 200 E Pleasant Valley Blvd in Altoona, Pennsylvania 16602 (Blair County), Keystone Plaza is positioned within a Commercial zoning framework. The property’s parking count is a key operating feature for tenants serving local customers and for retail functions that depend on straightforward vehicle access.

    For buyers or operators seeking an easy-to-manage neighborhood retail environment, the existing configuration with a restaurant and discount retail use offers a practical foundation. This asset may fit a tenant looking to join a small shopping center where on-site parking is already established, and where the overall tenant mix supports regular consumer visits rather than specialized destinations. Zoning is listed as Commercial, supporting a range of general retail and service uses consistent with the property’s current shopping center character.

    Local Financial Insights For 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 $173.0k $15.00
    − Vacancy −$7.3k −$0.63
    EGI $165.8k $14.37
    − OpEx −$49.7k −$4.31
    NOI $116.0k $10.06
    11,536 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.66M
    $1.45M – $1.93M (±1% cap)
    NOI $116,041 @ 7.0% cap · market cap 8.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $14.01M
    $12.26M – $16.35M (±1% cap)
    NOI $980,817 @ 7.0% cap · market cap 75.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Discount Store ATM Atm Taps on 2nd Tavern ... Restaurant Family Pizza & Pub Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Blair
    State
    Pennsylvania
    Longitude
    -78.374251
    Latitude
    40.51817

    FAQs

    What type of property is this?
    Shopping center - Shopping center anchored by a restaurant and dollar store with about 30 parking spaces for convenient customer access.
    Where is this shopping center located?
    The property is located at 200 E Pleasant Valley Blvd Altoona, PA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Keystone Plaza location offers established restaurant and dollar store, attracting consistent customer traffic.; Benefit from approximately 30 parking spaces for customers and tenants.; Central air conditioning and natural gas forced air heating provide year‑round comfort.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message