Building Details

Year built 1900

Floors in Building 1

Roof type Composition

Listing Agency: Richards & Richards Real Estate LLC b**@2richardsre.com Show Phone

Listed By: Rebecca Bloom Show Phone

Added: Jun 9 Changed: Sep 4 Last Checked: Sep 17 at 8:06AM

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MLS# 163946

Copyright © 2026 Allegheny Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

First-floor office units are available within a commercial property in Oil City’s Historic District. The space is suited to professional office use and can include office furniture, a conference table, chairs, desks, and other office amenities. Utilities are included with the lease.

The property occupies 0.13 acres at 120 W First Street in Oil City, Pennsylvania. Built in 1900, it has forced-air heat, central air conditioning, public water, and public sewer. The building also includes a bathroom, a composition roof, and Commercial zoning.

Key Highlights

• First‑floor office units in Oil City’s Historic District
• Commercial zoning with utilities included
• Office furniture, conference table, chairs, desks, and other amenities available

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Electrical Service Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

501

Businesses Nearby

Explore this area Business Placement

Demographics for 16301, PA

14,935

Population

7,648

Households

2

Avg Household Size

45

Median Age

18%

College-Educated

90%

High-School Grad

94.7 sq mi

ZIP Area

158

Density / Sq Mi

$57,368

Median Household Income

$34,371

Median Earnings

$809

Median Rent

$84,800

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - Commercially zoned workspace offers furniture options with utilities included.

Where is this office units located?

The property is located at 120 W First Street Oil City, PA.

What is the lease rate?

The lease rate is $950/Mo.

What are key features of this property?

This property features: First‑floor office units in Oil City’s Historic District; Commercial zoning with utilities included; Office furniture, conference table, chairs, desks, and other amenities available