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2400 8th Ave - New 100,000SF Corporate Office Building 6,062 - 19,637 SF Condo Units in Altoona, PA 16602

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INVESTMENT HIGHLIGHTS

  • Historic mill with $15 million invested in renovations, offering Class A office, restaurant, retail, and residential space.
  • Interior details such as exposed brick, heavy timber beams, loft ceilings, and expansive windows give a nod to the property's industrial past.
  • 480-3 Phase Power Available
  • Capital improvements include the restoration of the property's smokestack, a complete façade renovation, and double-glazed windows.
  • The Mill's on-site restaurant is ideal for contemporary dining and special occasions, with yellow pine details, high ceilings, and an outdoor patio.
  • Fiber and Cable Redundancy Available

EXECUTIVE SUMMARY

Originally built between 1894 and 1904 as a silk mill factory, 2400 8th Avenue produced some of the finest silks in the country. Preserving its long tradition as a workplace through meticulous restoration and renovation, The Mill is a desirable place to live, work, and dine in Altoona, Pennsylvania. Capital improvements include a complete façade renovation, the addition of arched windows, and a restoration of the facility's iconic smokestack. The property spans nearly 100,000 square feet across four stories, offering multi-use condominium units immediately available for sale or lease. Numerous interior details nod to the property's industrial past. The building has exposed brick, heavy timber beams, and loft ceilings. During the day, incredible natural light floods workspaces through oversized double-glazed windows, offering picturesque downtown and mountain views. Amenities include overnight mail drop boxes, a centrally located IT room, and complete sprinkler fire protection. Office accommodations feature new building systems, dual-feed highspeed fiber service, and open floor plans, providing the latest technologies for leading-edge businesses. The restaurant space at The Mill offers the ideal atmosphere for contemporary dining and special occasions, with beautiful southern yellow pine and timber beams exposed to the dining room floor 16 feet below. The dining room's high ceilings and 10 12-foot-high arched windows provide a magnificent sun-filled setting for approximately 100 guests. Seating areas for additional guests extend to the outdoor patio. A 6,062-square-foot retail space is available for an internet bank/café, travel agency, or coffee shop. This space is flexible and able to support a variety of uses. The Mill, situated off Route 36, is near local eateries and pubs such as Lena's Cafe, Jack and George's, and Al's Tavern. The Mill is two hours from Pittsburgh and three hours from Washington, DC. The University Park Airport is 40 minutes away and offers direct flights to Detroit, Chicago, Philadelphia, Washington-Dulles, and Orlando.

MATTERPORT 3D TOURS

2400 Lobby - Virtual Tour

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PROPERTY FACTS

Total Building Size 91,517 SF
Property Type
Office
  • Office Office Residential
Building Class A
Floors 4
Typical Floor Size 22,879 SF
Year Built 2021
Lot Size 2.06 AC
Parking Ratio 3.28/1,000 SF
Zoning I-L - Light Industrial - Permitted uses also include professional offices, retail, and multi-family residential

AMENITIES

  • Bus Line
  • Controlled Access
  • Bicycle Storage
  • Central Heating
  • High Ceilings
  • Wi-Fi
  • Air Conditioning

8 UNITS AVAILABLE

Unit 100

Unit Size 6,062 SF
Condo Use Retail
Sale Type Owner User
DESCRIPTION

A magnificent 6,000-SF end cap restaurant space with exterior and interior building entrances and a dedicated service drive behind the kitchen area. 15-foot high dining ceilings with exposed heavy timber beams and brick exterior walls, and near floor-to-ceiling insulated arched windows. Dedicated parking spaces for takeout orders. Dedicated outdoor seating area. Dedicated gas service.

SALE NOTES

Located at 2400 8th Avenue, 2424 8th Avenue, and 2411 9th Avenue

Suite 100 - Floor Plan
Suite 100 - Incredible Details
Suite 100 - Incredible Industrial Charm
View Photo Suite 100 - Floor Plan
View Photo Suite 100 - Incredible Details
View Photo Suite 100 - Incredible Industrial Charm

Unit 101

Unit Size 7,003 SF
Condo Use Office
Sale Type Owner User
SALE NOTES

Condo Unit 101 is divisible from 1,000 SF up to 7,000 SF

Suite 101 A-V - Floor Plan
Suite 101 - High Ceilings
View Photo Suite 101 A-V - Floor Plan
View Photo Suite 101 - High Ceilings

Unit 102

Unit Size 6,753 SF
Condo Use Office
Sale Type Owner User
SALE NOTES

Beautiful 6,753 SF Office Space.

Suite 102 - Floor Plan
Suite 102 - Incredible Natural Light
Suite 102 - High Ceilings
View Photo Suite 102 - Floor Plan
View Photo Suite 102 - Incredible Natural Light
View Photo Suite 102 - High Ceilings

Unit 201

Unit Size 9,689 SF
Condo Use Office
Sale Type Owner User
SALE NOTES

A spacious office condo offers a versatile and comfortable workspace for various business needs. With ample square footage, it allows for flexible layout options.

Suite 201 - Floor Plan
Suite 201 - Elevator Landing
Suite 201 - Expansive Space
View Photo Suite 201 - Floor Plan
View Photo Suite 201 - Elevator Landing
View Photo Suite 201 - Expansive Space

Unit 202

Unit Size 6,753 SF
Condo Use Office
Sale Type Owner User
SALE NOTES

Step into the epitome of modern workspace luxury with this exceptional 6753 square feet office condo, perfectly situated in a prime location. Boasting a spacious layout designed to inspire productivity and collaboration, this meticulously crafted space offers unparalleled opportunities for businesses of all sizes.

Suite 202 - Floor Plan
Suite 202 - Elevator Landing
Suite 202 - Open Floor Plan
Suite 202 - Incredible Natural Lighting
View Photo Suite 202 - Floor Plan
View Photo Suite 202 - Elevator Landing
View Photo Suite 202 - Open Floor Plan
View Photo Suite 202 - Incredible Natural Lighting

Unit 301

Unit Size 9,689 SF
Condo Use Office
Sale Type Owner User
SALE NOTES

A spacious office condo offers a versatile and comfortable workspace for various business needs. With ample square footage, it allows for flexible layout options.

Suite 301 - Floor Plan
Suite 301 - Elevator Landing
Suite 301 - Open Floor Plan
View Photo Suite 301 - Floor Plan
View Photo Suite 301 - Elevator Landing
View Photo Suite 301 - Open Floor Plan

Unit 302

Unit Size 6,753 SF
Condo Use Office
Sale Type Owner User
SALE NOTES

A spacious office condo offers a versatile and comfortable workspace for various business needs. With ample square footage, it allows for flexible layout options.

Suite 302 - Floor Plan
Suite 302 - Elevator Landing
Suite 302 - Excellent Natural Light
View Photo Suite 302 - Floor Plan
View Photo Suite 302 - Elevator Landing
View Photo Suite 302 - Excellent Natural Light

Unit 101A, 401,

Unit Size 19,637 SF
Condo Use Office
Sale Type Owner User
SALE NOTES

With nearly 20,000 square feet of space, this office condominium offers ample room for various business operations, potentially accommodating a large workforce or multiple departments.

Suite 401 & 402 - Floor Plan
Suite 401 - Elevator Landing
Suite 401 - Column-free Space
Suite 401 - Expansive Window Line
View Photo Suite 401 & 402 - Floor Plan
View Photo Suite 401 - Elevator Landing
View Photo Suite 401 - Column-free Space
View Photo Suite 401 - Expansive Window Line

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
13,480
50,822
67,193
2024 Population
12,792
48,551
65,541
Population Growth '20-'24
-5.1%
-4.5%
-2.5%
2020 Households
5,718
21,500
28,202
2024 Households
5,425
20,508
27,439
Household Growth '20-'24
-5.1%
-4.6%
-2.7%
Average Age
40
41
42
Median Household Income
$44,453
$50,748
$55,664
Daytime Employees
7,640
32,005
43,577
Total Businesses
1,035
3,569
4,475
College Degree + Higher
15%
19%
22%

MAJOR TENANT INFORMATION Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
Reliance Bank Corporate Headquarter 99,999 SF SF Jan 0000
Neptune Technologies dba Muni-Link 99,999 SF SF Jan 0000

SALE ADVISOR

SALE ADVISOR

Matthew Fox, Director of Business Expansion
Matt is ABCD Corp.’s Director of Business Expansion and coordinates the outreach efforts of the organization as well as the organization’s Business Expansion and Retention Program. His role is also as the lead liaison for site selectors and company representatives who are looking to locate or expand their operations in Blair County. Matt has extensive knowledge of the county’s sites and buildings as well as the available incentives and workforce availability and training partners in the region.

Prior to working with ABCD Corp. Matt was a partner in a marketing firm located in Northern Virginia for over 13 years working directly with private industry, government contracts and non-profit organizations.

Matt lives in Duncansville with his wife and family and enjoys hiking the trails of the Blair County region and being outdoors with his family.
  • Listing ID: 18261971

  • Date on Market: 1/22/2020

  • Last Updated:

  • Address: 2400 8th Ave, Altoona, PA 16602

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