Strip Mall

Altoona, PA Strip Malls for Sale

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Shopping Center with Private Entrance
Updated: Dec 9, 2024
Shopping Center with Private Entrance

514 E Pleasant Valley Boulevard, Altoona, PA 16602

$1,550,000
15,000 sqft 1.30 AC lot
15,000‑square‑foot shopping center on 1.3 acres
Business zoning designation
Built in 1992
Private entrance and exterior lighting
Central air with natural‑gas forced‑air heating
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Five-Tenant Retail Strip Center
Updated: Apr 11
Five-Tenant Retail Strip Center

212-218 Park Hills Plaza, Altoona, PA 16602

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100% occupied by Starbucks, Kay Jewelers, Lettuce Bowl Café, Sport Clips, and Sleep Number
Five‑tenant retail property with 6.4 years of combined weighted average lease term remaining
NNN lease structure with CAM reimbursements matching declared shopping center maintenance costs
Starbucks end‑cap includes a drive‑thru lane
Outparcel to Park Hills Plaza, which draws over 2.4 million annual visits
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Altoona, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Strip District Build-Out Opportunity
Strip District Build-Out Opportunity

2227 Penn Ave, Pittsburgh, PA 15222

$1,750,000
4,100 sqft

Three-level open concept space in Pittsburgh's Strip District.

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Multi-Tenant Retail Strip Center
Multi-Tenant Retail Strip Center

5770 Butler Street, Pittsburgh, PA 15201

Contact for pricing
15,600 sqft

Retail strip center with three leased tenants and two rear garage bays.

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Mixed-Use Retail Strip Center
Mixed-Use Retail Strip Center

3 W Allen St, Mechanicsburg, PA 17055

Contact for pricing
15,430 sqft 0.61 AC lot

Six-unit one-story retail and office/flex building with 40 on-site parking spaces and fully leased tenant occupancy.

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Mixed-Use Retail and Office Building
Mixed-Use Retail and Office Building

2-8 West Allen St, Mechanicsburg, PA 17055

Contact for pricing
15,430 sqft 0.61 AC lot

Six-unit one-story strip center with fully leased retail and office/flex space and 40 onsite parking spaces.

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Altoona, PA Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Altoona, PA on our real estate platform. These investment opportunities span a total of 15,000 square feet of properties for sale, with an estimated market value of $1,550,000.

Sale prices for retail strips in Altoona, PA average $1,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 22
Storefront properties 20
Showrooms 3
Automotive properties 2
Auto shops 1

Demographics Overview

Population 60K
Population Growth (5Y) -1.4%
Median Household Income $54,428
College Educated 19.1%

Taxes & Financing

Tax Rate (average for all types) 1.58%
Property Tax per SF $31.53 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Blair County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Blair County

Retail

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