Storefront Building with Paved
3520 6th Ave, Altoona, PA 16602
For Sale
New
$235,000
Wood-and-stone exterior, natural gas forced-air heat, and public water and sewer serve this commercial property.
Property Size1,689 SF
Lot Size0.31 Acres
Price / SF$139.14
Days on Market2
Property Features for 3520 6th Ave
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Utilities to Site
Building Details
Year Built
Buildings
Construction
Listing Agency:
Howard Hanna Bardell Realty Altoona
Listed By:
John Hill Real Estate
(814) 944-9377
Source:
Johnhillhomesearch
Added: Nov 8
Last Checked: Nov 8 at 3:29PM
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 Howard Hanna Bardell Realty Altoona
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Investment Insights
Based on property information with market context.
Built in 1946, this storefront property has a wood-and-stone exterior and natural gas forced-air heating. Public water and sewer serve the building, and paved off-street parking is provided on the 0.31-acre parcel.
The property is at 3520 6th Ave in Altoona, Pennsylvania, along 6th Avenue. Its prior operations included food service and automobile sales, as well as other commercial activity.
The property is at 3520 6th Ave in Altoona, Pennsylvania, along 6th Avenue. Its prior operations included food service and automobile sales, as well as other commercial activity.
Key Highlights
- 0.31‑acre parcel with paved off‑street parking
- Wood‑and‑stone exterior
- Natural gas forced‑air heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,990
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,800
$339.8K
Cap Rate 7%
$242,714
$242.7K
Cap Rate 9%
$188,778
$188.8K
Market Conditions
NOI Build-Up for 1,689 SF
Gross rent
$25.3K $15.00/SF
− Vacancy
−$1.1K −$0.63/SF
EGI
$24.3K $14.37/SF
− OpEx
−$7.3K −$4.31/SF
NOI
$17.0K $10.06/SF
Area
Blair County, PA
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,800
Cap Rate 7%
$242,714
Cap Rate 9%
$188,778
Alternative Uses
Best Use
Retail
$242.7K
$212.4K – $283.2K
NOI $16,990 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$356.1K
$311.6K – $415.4K
NOI $24,925 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Rutters
Shops & Services
18,201 visits/mo
0.4 miles
Dollar General
Shops & Services
8,509 visits/mo
0.2 miles
Best Way Pizza
Dining
5,446 visits/mo
0.4 miles
Hungry Howie's Pizza
Dining
1,784 visits/mo
0.3 miles
AAMCO Transmissions
Shops & Services
851 visits/mo
0.5 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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- East Coast Floral — 304 Ruskin Dr, Altoona, PA 16602
Frequently Asked Questions
What type of property is this?
Storefront property - Wood-and-stone exterior, natural gas forced-air heat, and public water and sewer serve this commercial property.
Where is this storefront property located?
The property is located at 3520 6th Ave Altoona, PA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 0.31‑acre parcel with paved off‑street parking; Wood‑and‑stone exterior; Natural gas forced‑air heat
