Ballroom Event Venue with
For Sale
$219,900
701 Main St, Portage, PA 15946
Operating event space with a ballroom, kitchen, and framed apartments upstairs for conversion or continued income.
Property Size15,500 SF
Price / SF$14.19
Days on Market294
Property Features for 701 Main St
General Information
Standard status
Active
Size
15,500 SF
Additional Details
Business Included
Yes
Commercial Hood
Yes
Multifamily Units
5
Listing Agency:
HOWARD HANNA BARDELL REALTY ALTOONA
(814) 254-8121
Listed By:
Hunter Ott · License #RS353898
(814) 254-8121
Source:
Exprealty
Added: Oct 22, 2025
Changed: Jul 10
Last Checked: Aug 10 at 7:42AM
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
Investment Insights
Based on property information with market context.
701 Main Street is an expansive commercial building currently operating as the Royal Ballroom. The main floor is set up for events with a grand ballroom, full-service kitchen, bar, two restrooms, and abundant storage. A spacious unfinished basement adds additional flexibility for future expansion or supplemental use.
The second floor is fully framed for five 1-bedroom, 1-bathroom apartments. The property is located in Portage, PA and sits adjacent to a borough-owned parking lot, supporting convenient event-day access.
For buyers or operators looking for a turnkey event property, the business is scheduled to continue operating as usual until further notice. The sale includes all furniture, equipment, and the established book of business, which can support immediate continuity for event bookings while the upper level’s apartment framing provides an option to develop residential units in the same structure.
The second floor is fully framed for five 1-bedroom, 1-bathroom apartments. The property is located in Portage, PA and sits adjacent to a borough-owned parking lot, supporting convenient event-day access.
For buyers or operators looking for a turnkey event property, the business is scheduled to continue operating as usual until further notice. The sale includes all furniture, equipment, and the established book of business, which can support immediate continuity for event bookings while the upper level’s apartment framing provides an option to develop residential units in the same structure.
Key Highlights
- 15,500 sq. ft. commercial building currently operating as the Royal Ballroom
- Main floor includes a grand ballroom, full‑service kitchen, bar, two restrooms, and abundant storage
- Second floor is fully framed for five 1‑bedroom, 1‑bathroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 15946, PA
6,642
Population
3,222
Households
2.1
Avg Household Size
47
Median Age
21%
College-Educated
91%
High-School Grad
48.8 sq mi
ZIP Area
136
Density / Sq Mi
$56,602
Median Household Income
$42,652
Median Earnings
$635
Median Rent
$116,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Wedding venue - Operating event space with a ballroom, kitchen, and framed apartments upstairs for conversion or continued income.
Where is this wedding venue located?
The property is located at 701 Main St Portage, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 15,500 sq. ft. commercial building currently operating as the Royal Ballroom; Main floor includes a grand ballroom, full‑service kitchen, bar, two restrooms, and abundant storage; Second floor is fully framed for five 1‑bedroom, 1‑bathroom apartments
