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Storefront Property with Business Assets

17275 SHREVE RUN Road, Pleasantville, PA 16341

For Sale
$1,200,000

BusinessOpportunity, Pleasantville, PA

Property Size4,136 SF
Lot Size0.97 Acres
Price / SF$290.14
Days on Market430

Property Features for 17275 SHREVE RUN Road

General Information

Property type Residential
Property subtype Retail
Parking 25
Elementary school district Titusville
Middle school district Titusville
High school district Titusville
Directions From VCCH: SE on Elk, L on US-62, Continue to State Hwy 8, R on PA-227, Property will be on the left.
Subdivision 50 - Plum/Cherrytree/Oil Creek/Allegheny Twps
Standard status Active
APN 0000-000
Size 4,136 SF
Lot size 0.97 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3251

Utilities

Sewer type Private Sewer
Heating system Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1980
Listing Agency: ERA Richmond Real Estate Service · ERA Real Estate
Listed By: Mike Crowther
Added: Sep 9, 2025 Changed: Sep 8 Last Checked: Nov 12 at 6:06PM
MLS# 187882

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

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Investment Insights

Based on property information with market context.

This Pleasantville storefront property combines an operating secondary-heating retail business with the associated real estate and business assets. The building contains 4,136 square feet on 0.97 acres and was constructed in 1980. Natural-gas heating and window-unit cooling serve the property, with public water and private sewer in place.

The business serves customers across 7 counties from 17275 Shreve Run Road in Pleasantville, Venango County, Pennsylvania. The sale includes the real estate and business assets, providing a single-property transaction for an owner continuing the existing operation.

Key Highlights

  • 4,136‑square‑foot storefront property on 0.97 acres
  • Established secondary‑heating retail business included with the real estate
  • Business currently serves 7 counties

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,022
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,440 $1.7M
Cap Rate 7%
$1,186,029 $1.2M
Cap Rate 9%
$922,467 $922.5K
Market Conditions
NOI Build-Up for 4,136 SF
Gross rent
$132.5K $32.04/SF
− Vacancy
−$13.9K −$3.36/SF
EGI
$118.6K $28.68/SF
− OpEx
−$35.6K −$8.60/SF
NOI
$83.0K $20.07/SF
Area
Venango County, PA
Vacancy
10.50%
Lease Rate
$32.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,440
Cap Rate 7%
$1,186,029
Cap Rate 9%
$922,467

Alternative Uses

Best Use
Retail
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $83,022 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,720 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warm Home & Hearth Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Hair Salon Law Firm (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,872 visits/mo 0.2 miles

Demographics for 16341, PA

1,975
Population
1,154
Households
1.7
Avg Household Size
47
Median Age
19%
College-Educated
91%
High-School Grad
74.3 sq mi
ZIP Area
27
Density / Sq Mi
$60,260
Median Household Income
$36,063
Median Earnings
$695
Median Rent
$109,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Established secondary-heating retail operation with real estate, equipment, and business assets included in the sale.
Where is this storefront property located?
The property is located at 17275 SHREVE RUN Road Pleasantville, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,136‑square‑foot storefront property on 0.97 acres; Established secondary‑heating retail business included with the real estate; Business currently serves 7 counties
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Includes: Price & PSF · Cap rate · Location · Zoning

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