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5,051 sqft

$449,000

101 N ALLEGHENY STREET, BELLEFONTE PA, 16823

Price per sqft$88.89
Built in1900
Property size5,051 sqft
Property typeCommercial

Overview

Under contract

Active Under Contract-bright

Listed Oct 5, 2026

Updated 3 days ago

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.

Additional information

MLS® ID
PACE2515650

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$6,644
Tax Frequency
Annually
MLS provider logo

Listed by Corman Homes Sales & Property Management
Listing Contact: 8143572371 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/20/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/20/2026 at 10:32 PM UTC

 

Perry Wellington Realty

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