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248 Seneca St

24,156 SF 67% Leased Office Building Oil City, PA 16301 £403,399 (£17/SF)

Investment Highlights

  • Beautiful architecture.
  • Natural lighting.

Executive Summary

Well-maintained PNC Office Building in Oil City, PA. Three floors with elevator. First-class finishes. PNC is retaining the second
floor and the ATM drive-thru. Entire first floor available to owner-occupant (square footage of occupiable space is an estimate).

Financial Summary (Actual - 2022)

Annual Annual Per SF
Taxes £11,919 £0.49
Operating Expenses - -
Total Expenses £11,919 £0.49

Financial Summary (Actual - 2022)

Taxes
Annual £11,919
Annual Per SF £0.49
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £11,919
Annual Per SF £0.49

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,156 SF
Building Class
C
Year Built/Renovated
1955/2008
Price
£403,399
Price Per SF
£17
Percent Leased
67%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
8,052 SF
Building FAR
1.16
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
15 Spaces (0.62 Spaces per 1,000 SF Leased)

Amenities

  • Natural Light

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-034-010-000
Land Assessment
£49,920 (2023)
Improvements Assessment
£295,257 (2023)
Total Assessment
£345,177 (2023)
Annual Taxes
£11,919 (£0.49/sf)
Tax Year
2022
  • Listing ID: 24177051

  • Date on Market: 27/09/2021

  • Last Updated:

  • Address: 248 Seneca St, Oil City, PA 16301

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