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: Jul 9 Last Checked: Aug 1 at 9:06AM

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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.

This first-floor commercial space is available for lease in Oil City’s Historic District and is suited for professional office use. The offering includes access to office furniture, including a conference table and chairs, plus additional desks and office amenities if needed. Utilities are included, helping simplify monthly occupancy costs for qualified tenants.

The property is located at 120 W First Street in Oil City, within Venango County, Pennsylvania. The space benefits from being positioned in a historic district setting, which can support a range of neighborhood-oriented professional practices.

Ideal tenant types include attorneys, realtors, and insurance agents, as the layout is appropriate for day-to-day office operations. With utilities included and furniture available, the space can support faster move-in for businesses looking to establish a staffed office without building out or sourcing every item separately.

Key Highlights

• First‑floor commercial space available for lease in Oil City’s Historic District
• Suitable for professional offices, including attorneys, realtors, and insurance agents
• Office furniture included, with conference table and chairs plus additional desks and amenities

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Skin Care Clinic Bakery Barber Shop

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

503

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

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Frequently Asked Questions

What type of property is this?

Office units - First-floor office space in Oil City’s Historic District with utilities included for professional services.

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 commercial space available for lease in Oil City’s Historic District; Suitable for professional offices, including attorneys, realtors, and insurance agents; Office furniture included, with conference table and chairs plus additional desks and amenities