3886 Us 62 Oil City, PA 16301-7154
Property summary
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
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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