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220 Sycamore St 2,400 SF Retail Building Oil City, PA 16301 $125,000 ($52.08/SF)



INVESTMENT HIGHLIGHTS
- 2 street entrance
- Nice interior
- Commercial kitchen with hood and fan
- Public parking across Sycamore Street
- Former bar/ restaurant
- Podium for events
EXECUTIVE SUMMARY
Seize the chance to own a beautifully updated former bar and restaurant in the heart of downtown Oil City, PA! Situated in Oil City's Northside historic district, near the Venango Museum and Oil Creek State Park, this property boast renovated interior. Generous square footage ideal for hosting events, live music, or trendy eatery. A unique blend of historic charm and modern upgrades, perfectly positioned to capitalize on the area's ongoing revitalization. Two entrances - one on Center St and one on Sycamore St and a public parking across Sycamore St for your customers convenience! Endless opportunities for an entrepreneur looking to launch a new restaurant, craft brewery, gastropub, or event space.
Oil City is experiencing a renaissance, with recent investments in downtown properties and a focus on historic preservation. Don't miss this chance to own a piece of Oil City - a community with rich heritage and exciting future!
Property is for sale AS-IS
For more information or to schedule a viewing, contact 814-208-5922
Oil City is experiencing a renaissance, with recent investments in downtown properties and a focus on historic preservation. Don't miss this chance to own a piece of Oil City - a community with rich heritage and exciting future!
Property is for sale AS-IS
For more information or to schedule a viewing, contact 814-208-5922
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,400 SF
Building Class
C
Year Built
1900
Price
$125,000
Price Per SF
$52.08
Tenancy
Single
Building Height
1 Story
Building FAR
0.65
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
Commercial - General
AMENITIES
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-033-057-000 | Improvements Assessment | $81,260 |
| Land Assessment | $11,090 | Total Assessment | $92,350 |
PROPERTY TAXES
Parcel Number
16-033-057-000
Land Assessment
$11,090
Improvements Assessment
$81,260
Total Assessment
$92,350
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Presented by
RACA Group
220 Sycamore St
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