809-811 Grandview Rd Local commercial 2 266 m² 100 % Loué À vendre Oil City, PA 16301 2 198 250 € (970,26 €/m²) Taux de capitalisation 9,36 %

Capline Consolidated is pleased to present 809-811 Grandview Rd, Oil City, PA 16301, a premier retail shopping center offering a compelling investment opportunity in the heart of Venango County. This property is strategically positioned in a rapidly revitalizing secondary market, experiencing significant economic growth and community development.
Seller is proving $5,000 monthly incentive to buyer for a 3 year period to sublease the 3rd retail space which has 11,878 vacant square feet.
Don't miss this exceptional opportunity to acquire a high-performing retail asset in a thriving market. Contact Capline Consolidated today to schedule a viewing and explore the potential of 809-811 Grandview Rd, Oil City, PA 16301.
Strong Income Potential: Offered at $2,500,000, this property generates a robust net operating income (NOI) of $174,093.68, providing a solid return on investment.
Significant Square Footage: The building encompasses 26,227 square feet of prime retail space, designed to attract and accommodate a diverse range of tenants.
Strategic Location: Situated on Grandview Rd., the property benefits from exceptional visibility and accessibility, ensuring high foot traffic and customer engagement.
Resurgent Market: Oil City is experiencing a dynamic resurgence, making it an ideal location for strategic retail investment. Capitalize on the growing consumer base and contribute to the city's vibrant economic future.
Leasing Opportunity: One large vacancy of 11,878 square feet is available for lease, offering additional income potential or the opportunity for owner occupancy. This provides flexibility for investors and business owners alike.
Proven Performance: The established tenant base and strong NOI demonstrate the property's proven performance and stability.