101 N Allegheny St

Highlights:

• Days on Market: 208
• Heating: Baseboard - Electric, Other

Description:

Corner

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.

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Listing ID: 804025249232