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Multi-Building Office Property
For Sale
$950,000

201 Chestnut Avenue, Altoona, PA 16601

COMMERCIAL - Altoona, PA

Property Size15,108 SF
Lot Size2.18 Acres
Price / SF$62.88
Days on Market630

Property Features for 201 Chestnut Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Industrial
Rooms Basement
Exterior features Lighting, Private Entrance
Basement Partially Finished
Lot features Level, Level
Elementary school district Altoona
Middle school district Altoona
High school district Altoona
Subdivision Altoona
Standard status Active
APN 1.07-13-2.01
Size 15,108 SF
Lot size 2.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 23935

Utilities

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

Building Details

Year built 1940
Building materials Brick
Roof type Shingle
Listing Agency: Howard Hanna Bardell Realty Altoona
Listed By: Holly O'Connor · License #RS202518L
Added: Nov 21, 2024 Changed: Aug 4 Last Checked: Aug 13 at 5:06AM
MLS# 76234

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 offering includes a large 15,108-square-foot office building and an additional smaller 4,998-square-foot office building on a 2.18-acre parcel. The space features reception and waiting areas, many private offices, conference rooms, break rooms, and a kitchenette. Restroom count includes four in the main building, with additional restroom space in a partially finished basement. Building systems include natural gas forced air furnaces and water heaters, along with mini split heat pumps. Public water and sewer services are available, and the property also includes a patio and pavilion.

The property is zoned Industrial and is located at 201 Chestnut Avenue in Altoona, Pennsylvania (16601).

Key Highlights

  • 15,108 SF office building plus an additional 4,998 SF office building on a 2.18‑acre parcel
  • Reception and waiting areas with many private offices
  • Includes 4 restrooms, conference rooms, break rooms, and kitchenette

Property Analytics

Current Use

Home Nursing Agency Home Health Care Service Nicole Gioiosa Physician Marla Wyland Physician Rebecca Burns Physician Elise Lindquist Physician

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,230
Businesses Nearby

Demographics for 16601, PA

32,764
Population
14,992
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
93%
High-School Grad
84.8 sq mi
ZIP Area
386
Density / Sq Mi
$55,504
Median Household Income
$35,737
Median Earnings
$790
Median Rent
$138,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two office buildings totaling 15,108 square feet offer private offices, conference space, and multiple restrooms on a 2.18-acre parcel.
Where is this office building located?
The property is located at 201 Chestnut Avenue Altoona, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 15,108 SF office building plus an additional 4,998 SF office building on a 2.18‑acre parcel; Reception and waiting areas with many private offices; Includes 4 restrooms, conference rooms, break rooms, and kitchenette
More about this property
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