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    2521 Petroleum Center Rd Titusville, PA 16354

    Sponsored
    For Sale
    $179,900

    Prime Titusville location, versatile commercial space.

    Property size:
    3,924 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3,924-square-foot commercial building presents a unique investment opportunity in Titusville, Pennsylvania. Situated on a generous 1.99-acre lot, this property boasts a highly desirable location just off Route 8, conveniently positioned between Titusville and Oil City. The building's zoning allows for a blend of residential and commercial uses, offering considerable flexibility for a variety of business ventures. Recent improvements enhance the property's value and functionality. These include a new metal roof on the rear section, reinforced floor beams and joists, and updated lighting fixtures installed in 2018. Prior upgrades further demonstrate a commitment to maintenance and upkeep. These past improvements include basement foundation repairs, the installation of a Reznor furnace in 2010, and the rectification of faulty junction wires in 2015. The rear of the building, previously configured as an apartment, has been repurposed into additional commercial space, with portions already stripped for potential remodeling. This presents a blank canvas for customization, allowing future owners to tailor the space to their specific business needs. The ample acreage provides ample room for expansion or outdoor operations. This property is priced at $179,900 and represents a compelling opportunity for entrepreneurs and investors alike.

    Property Features for 2521 Petroleum Center Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,924 SF
    Lot Size
    86,684 SF

    Building Details

    Year Built
    1970
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Venango
    State
    Pennsylvania
    Longitude
    -79.70013
    Latitude
    41.54748

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Titusville location, versatile commercial space.
    Where is this commercial real estate located?
    The property is located at 2521 Petroleum Center Rd Titusville, PA.
    What is the asking price?
    The asking price for this property is $179,900.
    (814) 337-6000
    Request Owner's contact information
    2521 Petroleum Center Rd Titusville, PA 16354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2521 Petroleum Center Rd Titusville, PA 16354
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