Search
Conventional Restaurant with Bar Area
For Sale
$219,000
Pending

300 4th Ave, Altoona, PA 16602

Existing restaurant improvements include furnishings, equipment, and seating for approximately 80 guests.

Property Size2,549 SF
Days on Market767

Property Features for 300 4th Ave

General Information

Standard status Pending
Size 2,549 SF

Restaurant

Seating Capacity 80
Equipment Included Yes

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $3,922
Listing Agency: Perry Wellington Realty, LLC
Listed By: Matthew DePaolis · License #RS325034
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 18 Last Checked: Aug 19 at 11:39AM

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 Perry Wellington Realty, LLC

Investment Insights

Based on property information with market context.

This restaurant property at 300 4th Ave is arranged for ongoing food-service use, with a dedicated bar area and seating for approximately 80 people. Furniture and restaurant equipment are included with the sale, providing an established physical setup for the next operator.

The building is located in an established Altoona neighborhood and is currently tenant occupied. The property has also operated as the Phoenix Restaurant, also identified as Cook's Kitchen.

Key Highlights

  • Restaurant configuration with bar area and seating for approximately 80 people
  • Furniture and restaurant equipment included with the sale
  • Currently tenant occupied

Property Analytics

Current Use

The Phoenix Banquet Center Wedding Service

Suggested Use

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

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

920
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 0.4 miles
DTLR/VILLA Apparel
996 visits/mo 0.2 miles
Sunbelt Rentals, Inc. Home Improvements & Furnishings
352 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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include furnishings, equipment, and seating for approximately 80 guests.
Where is this conventional restaurant located?
The property is located at 300 4th Ave Altoona, PA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Restaurant configuration with bar area and seating for approximately 80 people; Furniture and restaurant equipment included with the sale; Currently tenant occupied
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