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High-Visibility Commercial Property on Plank Road
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500 W PLANK RD, Altoona, PA 16602

Prominent corner lot with high traffic and redevelopment potential.

Property Size1,612 SF
Lot Size0.53 Acres
Price / SF$589.33
Days on Market117

Property Features for 500 W PLANK RD

General Information

Standard status Active
Size 1,612 SF
Class B
Total Parking Spaces 30
Lot size 0.53 Acres
Property subtype Retail, Hospitality, Land

Building Details

Units 1
Listing Agency: Perry Wellington Realty
Listed By: Adam Conrad · License #PA RM421782
Source: Crexi
Added: May 12 Changed: Sep 3 Last Checked: Sep 2 at 11:54AM

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

Investment Insights

Based on property information with market context.

This commercial property is located on a corner lot along W. Plank Road in Altoona, a busy retail corridor in Blair County. The property includes a brick commercial building of approximately 1,612 square feet and over 21,000 square feet of paved parking or display area on approximately 0.53 acres. The site has paved surfaces, multiple curb cuts, illuminated signage, and visibility from multiple directions. It is currently configured with a drive-thru window and has the potential for a second one. The property is suited for various commercial uses, including quick-service restaurants, coffee shops, banks, pharmacies, medical offices, retail showrooms, professional offices, or automotive sales and service operations. The lot is well-lit with flood lights. The location is surrounded by national chain restaurants, retailers, automotive businesses, and local commercial users, benefiting from traffic flow and consumer activity. Traffic counts approach 37,565 vehicles per day.

Key Highlights

  • High‑visibility location on W. Plank Road with traffic counts approaching 37,565 vehicles per day.
  • Large paved parking/display area of over 21,000 SF on approximately 0.53 acres.
  • Attractive brick commercial building containing approximately 1,612 SF.

Property Analytics

Current Use

Car Circus Car Dealership

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store Daycare Center

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

866
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Prominent corner lot with high traffic and redevelopment potential.
Where is this specialty property located?
The property is located at 500 W PLANK RD 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: High‑visibility location on W. Plank Road with traffic counts approaching 37,565 vehicles per day.; Large paved parking/display area of over 21,000 SF on approximately 0.53 acres.; Attractive brick commercial building containing approximately 1,612 SF.
More about this property
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