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Restaurant & Bar w/ Liquor License! 2206 7th Ave 3,420 SF Retail Building Altoona, PA 16602 $524,900 ($153.48/SF)



Investment Highlights
- High Traffic Location
- Newly Renovated
- All Equipment Included
- Plenty of Parking
- Liquor License Included
- Opportunity to restructure the space for any business venture
Executive Summary
Don't miss this fantastic opportunity to own a fully renovated, turnkey restaurant in the City of Altoona.? This property includes a valuable liquor license, all furniture, kitchen equipment, & more.? Recently updated from top to bottom by the current owners, the building features modernized interiors, upgraded mechanical systems, & refreshed exteriors.? Situated on six parcels totaling approximately 0.55 acres, it offers ample parking & potential for future development.? Inside, you'll find a spacious dining area w/ an ordering counter, a full bar w/ additional seating, three restrooms, & a large, fully equipped commercial kitchen.? This is a rare, move-in-ready opportunity.? Contact us today for more information!
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,530
|
$1.91
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,530
|
$1.91
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $6,530 |
| Annual Per SF | $1.91 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,530 |
| Annual Per SF | $1.91 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,420 SF
Building Class
B
Year Built
1972
Price
$524,900
Price Per SF
$153.48
Building Height
1 Story
Building FAR
0.14
Lot Size
0.55 AC
Zoning
Commercial
Parking
30 Spaces
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-02137340 | Total Assessment | $247,600 (2025) |
| Land Assessment | $36,000 (2025) | Annual Taxes | $6,530 ($1.91/SF) |
| Improvements Assessment | $211,600 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
01-02137340
Land Assessment
$36,000 (2025)
Improvements Assessment
$211,600 (2025)
Total Assessment
$247,600 (2025)
Annual Taxes
$6,530 ($1.91/SF)
Tax Year
2026
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Restaurant & Bar w/ Liquor License! | 2206 7th Ave
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