Property profile

1535 American St Oil City, PA 16343

OFF-MARKET
Retail properties & Spaces
8,400 SF Built 1900
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1900
Total area 8,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1535 American St Oil City, PA 16343
Oil City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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