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Graceann Tinney

graceann@graceanntinney.com +1(267) 373-8244

Listed by Melissa Sieg • Corman Homes Sales & Property Management

$449,000

Est. payment - /mo

5,227 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID PACE2515650

Year Built 1900

Annual Tax Amount $6,644

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Own a Rare Piece of Bellefonte's History with Investment Potential! Situated prominently “on the Diamond” in downtown Bellefonte, the iconic First National Bank building blends rich historical charm with modern versatility. Recognized by the Centre County Historical Society, this distinguished property has been thoughtfully preserved and updated by its current owners.

Inside, you'll find two well-appointed office spaces with lots of natural light, and a stylish residential apartment—ideal for investors seeking mixed-use income opportunities, or owners wanting prime office space in the heart of town. Outside, the property comes with two parking spaces and the green space between this building and the YMCA. The main level office showcases a stunning wall-length mural, painted in 1962 by Milton & Sophia Osborne, offering a nostalgic glimpse of Bellefonte in 1878. The building is constructed of 18” thick brownstone walls. The original marble flooring and walls have been thoughtfully restored. The building features three vaults original to the building, first floor ceilings measuring 13.5 feet with 9-foot windows, the second-floor features 12-foot ceilings with 8-foot windows.

Over the past 15 years, major upgrades have been made including a new copper roof, exterior painting, sprinkler system, HVAC, water heaters, and more ensuring both beauty and functionality. Whether you're looking to invest, occupy, or simply own a landmark, this property is a rare gem in the heart of historic Bellefonte.

Location

State PA

County Centre

Area Bellefonte Boro (16432)

Zoning COMM

Interior

Hot Water Electric

Heating Baseboard - Electric, Other, Heat Pump - Electric BackUp

Cooling Ductless/Mini-Split, Other

Flooring Hardwood, Marble

Inclusions Range & Refrigerator in apartment. Refrigerator in kitchenette shared by offices.

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Roof Type Metal,Copper

Accessibility None

Total Parking Spaces 2

Garage N

Building

Lot Description Corner

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Bellefonte

Middle Schools Bellefonte Area

High Schools Bellefonte Area

School District Bellefonte Area

Others

Tax ID 32-303-089

Ownership Fee Simple

Security Features Monitored,Sprinkler System - Indoor,Security System,Fire Detection System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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NEARBY SCHOOL & BUSINESS

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Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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101 N ALLEGHENY ST Bellefonte, PA 16823

Graceann Tinney

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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101 N ALLEGHENY ST