1331 12th Ave | Altoona, PA 16601
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1331 12th Ave
Altoona, PA 16601
M&T Bank Building and Garage – 155,054 SF · Office Property For Sale
Investment Highlights
- AUCTION MARCH 22-24, 2021 | STARTING BID $300,000 | 155,054 SF
- CBD location adjacent to Penn State Altoona and vibrant downtown core
- Strong 2020 demographics with population of ±95,973 and average HH Income of ±$66,252 (5-mile radius)
- 155,054 SF office building and three floor parking deck with 200 spaces
- Existing $3 million transferable Regional Assistance Capital Program grant (RACP) | Potential Historic Tax Credits available
- Modern construction with six elevators and wet sprinklers throughout | Immediate highway accessibility via I-99 and State Route 22
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
155,054 SF
Building Class
C
Year Built/Renovated
1892/1980
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
38,764 SF
Slab To Slab
15’
Building FAR
2.24
Lot Size
1.59 AC
Zoning
Commercial - Central Business
Parking
200 Spaces (1.29 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Commuter Rail
- Signage
- Basement
- Central Heating
- Direct Elevator Exposure
- Open-Plan
- Drop Ceiling
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 01-02162330 | Improvements Assessment | $1,488,161 |
| Land Assessment | $298,554 | Total Assessment | $1,786,716 |
PROPERTY TAXES
Parcel Number
01-02162330
Land Assessment
$298,554
Improvements Assessment
$1,488,161
Total Assessment
$1,786,716
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
