Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1535 American St Oil City, PA 16343

    • Retail properties
    • 8,400 SF
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1535 American St

    Year built
    1900
    Property size
    8,400 SF
    Property type
    Retail properties

    Description

    This exceptional 8,400-square-foot retail space presents a remarkable opportunity in Oil City, Pennsylvania. Located at 1535 American Street, this single-tenant property sits on a 0.81-acre lot and boasts a prominent street presence ideal for attracting customers. Built in 1900, the building has been well-maintained and offers a versatile layout suitable for a variety of commercial uses. Features include a storefront, two overhead doors, a convenient loading dock, and ample heated warehouse space, perfect for storage or production. The property also includes dedicated office spaces and a restroom, providing a comfortable and functional workspace. The building is equipped with 3-phase electric service with a 200-amp circuit breaker. The property is zoned Commercial/Industrial (Com/Ind), offering flexibility for various business types. This high-traffic location sees approximately 11,000 vehicles daily, ensuring significant visibility and potential for customer engagement. A minimum one-year lease is required, with a rental rate of $6 per square foot. Don't miss this chance to establish your business in a thriving location. Contact us today to schedule a viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oil City
    County
    Venango
    State
    Pennsylvania
    Longitude
    -79.7428
    Latitude
    41.4141

    Comparable in this City

    • Value Estimation
      $290,000
      0.73 Acres

      2080 Allegheny Blvd

      RETAIL STORES (PERSONAL SERVICES) • 0.73 Acres
      2080 Allegheny Blvd, Reno, PA 16343-1026
      View Details
    • Value Estimation by Request
      0.30 Acres

      1705 Allegheny Blvd

      COMMERCIAL (GENERAL) • 0.30 Acres
      1705 Allegheny Blvd, Reno, PA 16343-1023
      View Details
    • Value Estimation
      $315,000
      0.17 Acres

      1810 Allegheny Blvd

      COMMERCIAL (GENERAL) • 0.17 Acres
      1810 Allegheny Blvd, Reno, PA 16343-1024
      View Details
    • Value Estimation
      $220,000
      0.46 Acres

      1969 Allegheny Blvd

      RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
      1969 Allegheny Blvd, Reno, PA 16343-1002
      View Details
    • Value Estimation
      $260,000
      0.13 Acres

      Allegheny Blvd

      PARKING LOT • 0.13 Acres
      Allegheny Blvd, Reno, PA 16343
      View Details
    • Value Estimation by Request
      0.07 Acres

      1891 Allegheny Blvd

      COMMERCIAL (GENERAL) • 0.07 Acres
      1891 Allegheny Blvd, Reno, PA 16343-9800
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1535 American St
    Oil City, PA 16343
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.