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$199,000

  • For Sale
  • Active
  • Office
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This is a fantastic commercial building with endless possibilities. It could be used for office space, retail, or with some renovations, transformed into efficiency apartments with a spacious common area. The building spans over 13,000 square feet and includes on-site parking for 15 cars. There's also a fenced playground area that could be removed to create additional parking if needed.

Full Property Details for 701 E 3rd St

General

  • Price: $199,000
  • Taxes: $5,765
  • Status: Active
  • Type: Office
  • Source: 702
  • MLS ID: 161954
  • Updated: 2/25/2026
  • Added to Site: 258 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Additional Information

  • Other Features: Electric-Circuit Break-200 Amp, High Speed Internet, Natural Gas

Location

  • County: Venango

School Information

  • School District: Oil City

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air, Hot Water

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Wood Frame
  • Exterior Const.: Brick
  • Roof: Other
  • Building Size: 13963
  • Square Feet: 13,963
  • Year Built: 1980

Lot Features

  • Lot Size (Acres): 1.43
  • Zoning: CPRC

Financial Considerations

  • Tax Amount: $5,765.22

Listed by 1st Rate Realty, LLC

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Listing agent

— 701 E 3rd St —

  • 1st Rate Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 E 3rd St

School District:Oil City Area School District
NameGradesDistance
Oil City Senior High School
10 Lynch Boulevard, Oil City, PA 16301
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 E 3rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$199,000
-11.56%
MLS
12/04/2025
Price Reduced
$225,000
-10%
MLS
11/07/2025
Price Reduced
$250,000
-16.67%
MLS
8/07/2025
Listed
$300,000
47.49%
MLS
1/20/2017
Sold
$203,400
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 701 E 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,722
8%
$153,600
—
2024
$5,304
—
$153,600
—
2023
$5,304
—
$153,600
—
2022
$5,304
—
$153,600
—
2021
$5,304
—
$153,600
—
2020
$5,304
—
$153,600
—
2019
$5,304
—
$153,600
—
2018
$5,304
—
$153,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 701 E 3rd St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by 1st Rate Realty, LLC

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3713 State Route 257, Seneca, PA 16346 - Photo 1 Price Reduced
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Recent Sales near 701 E 3rd St

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405 W 3rd St, Oil City, PA 16301 - Photo 1 Sold
$155,000

405 W 3rd St  Oil City, PA 16301

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,948
    Sq. Ft.
Listed by 1st Rate Realty, LLC
Sold by 1st Rate Realty, LLC
413 Bissell Ave, Oil City, PA 16301 - Photo 1 Sold
$169,000

413 Bissell Ave  Oil City, PA 16301

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  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,532
    Sq. Ft.
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Sold by 1st Rate Realty, LLC
1110 W 3rd, Oil City, PA 16301 - Photo 1 Sold
$170,000

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701 E. Third Street, Oil City, PA 16301 (MLS# 161954) is a Office property. 701 E. Third Street is currently listed for $199,000 and was received on August 07, 2025. Want to learn more about 701 E. Third Street? Do you have questions about finding other Office real estate for sale in Oil City? You can browse all Oil City real estate or contact a Coldwell Banker agent to request more information.

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