656 S Temple Lane, Altoona, PA 16602
- Added:
- May 27, 2026
- Days on Market:
- 43
- Last Refresh:
- Jul 8 at 9:06 pm
Property Features for 656 S Temple Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Parking features
- Driveway
- Basement
- Partial
- Standard status
- Active
- APN
- 14-22A1-47
- Size
- 1,297 SF
- Lot size
- 0.72 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1951
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Well
Building Details
- Year built
- 1945
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Joyce Dalton License #RS150245A (814) 329-3509
Listing office Re/max Results Realty Group 1001 Logan Blvd, Altoona, PA (814) 946-9355
Listing date May 27, 2026
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
- Updated Kitchen & Bath with walk‑in shower
- Level .72 Acre lot
- 1st floor bedroom
- Newer windows & doors
- 1‑car garage
- Vinyl Siding
Overview
The property is located behind Greenwood Dollar General along Temple Lane in Altoona, PA. The setting provides convenient access off the nearby retail corridor, while placing the home on a separate parcel behind the store.
For buyers seeking a small residential asset with commercial zoning, the configuration may support a variety of tenant or owner-occupant scenarios that align with the existing structure. The updated interior elements, first-floor bedroom, and attached 1-car garage provide practical day-to-day functionality, while the level lot supports straightforward site use.
Local Financial Insights For Apartment 5plus
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 | $19.1k | $14.76 |
| − Vacancy | −$957 | −$0.74 |
| EGI | $18.2k | $14.02 |
| − OpEx | −$8.2k | −$6.31 |
| NOI | $10.0k | $7.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Altoona
- County
- Blair
- State
- Pennsylvania
- Longitude
- -78.354456
- Latitude
- 40.538383
