Building Details

Tenancy Multi

Listing Agency: Marcus & Millichap - Columbus s***@ipausa.com Show Phone

Listed By: Craig Fuller · License #OH 2008001551

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:37PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This retail property at 406 E 2nd St in Oil City, Pennsylvania, contains 24,658 SF and is configured for two occupants. Advance Auto and Goodwill are identified as the tenants, with long-term leases in place. The property is offered for sale and carries a 7.75% CAP rate.

Key Highlights

• 24,658 SF retail property
• Two‑tenant configuration with Advance Auto and Goodwill
• Long‑term leases in place

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Bakery Skin Care Clinic 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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

338

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 Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Church Facility with Commercial Kitchen

601 E 2ND Street, Oil City, PA 16301

$550,000

10,102 SF

View details

Industrial Site with Storage Tanks

587 State Route 8, Oil City, PA 16301

$100,000

864 SF

View details

Community Church and Fellowship Facility

601 E 2nd St, Oil City, PA 16301

$699,000

10,102 SF

View details

Adaptable Retail Storefront

214 Center St, Oil City, PA 16301

$150,000

5,210 SF

View details

Two-House Duplex Property

315 Oak Road, Oil City, PA 16301

$110,000

1,476 SF

View details

Updated Downtown Office Building

235 Seneca Street, Oil City, PA 16301

$79,900

2,850 SF

View details

Citizens Bank Retail Space

24 State St, Oil City, PA 16301

Contact for pricing

3,241 SF

View details

Vacant Waterfront Hotel Building

1 Seneca St, Oil City, PA 16301

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Retail space - Advance Auto and Goodwill occupy the property under long-term leases.

Where is this retail space located?

The property is located at 406 E 2nd St Oil City, PA.

What are key features of this property?

This property features: 24,658 SF retail property; Two‑tenant configuration with Advance Auto and Goodwill; Long‑term leases in place