REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by James Hanley RE/MAX POWER Associates
$ 775,000
Est. payment /mo
Active
1524 Walton Avenue Altoona, PA 16602
8,407 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,407 sqft
Price per Sqft $92
MLS Listing ID 96040019
Annual Tax Amount $5,740
Lot Size 1.070 Acres
Lot Dimensions 147 x 316
Property Sub-Type Commercial
Property Description
TURNKEY ENTERTAINMENT DESTINATION – OWN THE VENUE. OWN THE CROWD. OWN THE INCOME - An established, well-known bar and restaurant situated on 1.07 acres along a high-traffic roadway is now available for its next owner. After decades of successful operation, this iconic, turnkey business offers immediate cash-flow potential with significant upside for an entrepreneurial buyer. PRIME LOCATION & REAL ESTATE ADVANTAGE - 1.07 acres of commercial property, High daily traffic exposure, Large private parking lot, Strong community recognition. The location itself generates visibility and repeat traffic, providing a built-in marketing advantage. HOTEL LIQUOR LICENSE INCLUDED -A major asset of this offering is the included Hotel Liquor License, allowing for full bar and restaurant operations, live entertainment, promotional events, and expanded service flexibility. This license enhances operational freedom and competitive positioning in the marketplace. BUILT FOR REVENUE & ENTERTAINMENT - Designed to maximize guest engagement and spending, the venue includes: Spacious dance floor, Elevated stage for live bands and DJs, Private VIP area, Main bar and illuminated side bar, Dedicated pool room, Fully equipped commercial kitchen. Multiple entertainment zones create layered revenue streams under one roof, keeping guests onsite longer and increasing per-visit sales. TRUE TURNKEY OPERATION - This is not a startup or renovation project. The sale includes: Kitchen equipment, Bar equipment, Fixtures and operational infrastructure, Established brand recognition, Decades of loyal patronage. An owner-operator can step in and continue operations immediately. ADDITIONAL INCOME STREAM - Included with the property are five boarding rooms generating consistent monthly income. This diversified revenue component provides financial stability beyond nightly bar and restaurant sales, strengthening overall cash flow. GROWTH & EXPANSION POTENTIAL - For the visionary buyer, the upside includes: Expanded live music and themed events, VIP memberships and private rentals, Catering and off-site services, Outdoor event development on the 1.07 acres, Enhanced digital marketing and brand expansion. The infrastructure is in place — the next phase of growth is yours to create. IDEAL FOR: Experienced bar and restaurant operators, Nightlife entrepreneur, Hospitality investors, Owner-operators seeking independence, Buyers looking for income plus lifestyle opportunity. This offering combines real estate, licensing value, established reputation, and multiple income streams into one compelling investment. Opportunities like this rarely come to market — especially with property, liquor license, equipment, and income-producing rooms included. Private tours available by appointment. Financial information available to qualified buyers. Step into ownership of a proven entertainment destination and continue its legacy of success.
Location
State PA
Area Blair County
Zoning Commercial
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Off Street, See Remarks, Paved, Private, Other
Utilities Available Natural Gas Connected
Roof Type Flat,Pitched,Shingle
Garage No
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Altoona
Others
Virtual Tour https://tour.usamls.net/1524-E-Walton-Avenue-Altoona-PA-16602/unbranded