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    OFF-MARKET
    Commercial real estate

    3886 Us 62, Oil City, PA 16301-7154

    0.98 ac lot
    Individually Owned ~ Est. High Equity
    Property ID
    US73-3086516
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Oil City, Pennsylvania, presents a unique blend of commercial and residential real estate. Situated on nearly one acre of land at 3886 US 62, this property offers a first-floor commercial space ideal for a variety of retail businesses. The space is adaptable and ready for immediate occupancy. Upstairs, a beautifully remodeled two-bedroom apartment provides significant income potential. Live in the charming apartment and operate your business below, or rent out the apartment for additional revenue streams. Recent upgrades enhance the property's value and appeal. These include a new roof, new flooring throughout, a new water heater, newly constructed sidewalks, and a delightful new enclosed sunroom/laundry area. The apartment boasts attractive features such as charming exposed wood beams, a cozy wood-burning stove, stylish vinyl plank flooring, and a modern barn sliding door. A new deck overlooks a peaceful backyard, offering a tranquil outdoor space. The property's location near the Allegheny National Forest adds to its desirability. This is a rare chance to acquire a well-maintained property with strong potential for both business and residential income in a desirable location. The property is zoned for commercial use and is located in Venango County, PA, zip code 16301. The asking price is $175,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.98 ac (42,689 SF)
    APN 22,011.-005..-000
    UPID US73-3086516
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Traci L Sowinski
    Traci L Sowinski
    since 2025
    Last sale
    $150,000
    3 recorded transactions
    2025
    $150,000
    2018
    $42,500
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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