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First-Floor Office Units
For Lease
$950/Mo

120 W First Street, Oil City, PA 16301

Commercial Lease, Oil City, PA

Space SizeContact for details
Lot Size0.13 Acres
Days on Market101

Property Features for 120 W First Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Elementary school district Oil City
Middle school district Oil City
High school district Oil City
Subdivision Venango
Standard status Active
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 1
Roof type Composition
Listing Agency: Richards & Richards Real Estate LLC
Listed By: Rebecca Bloom
Added: Jun 9 Changed: Sep 4 Last Checked: Sep 17 at 5:06AM
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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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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
More about this property
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