Downtown Oil City has many fine buildings with unique features and vast possibilities.  Street level and upper floor space is available for both rent and purchase.  These affordable buildings and spaces can be an exceptional investment for the savvy entrepreneur or property developer.

Allow us to help you find the perfect space for you.  Tell us your requirements and we will search our database and contact our property professionals to make your search quick, easy, and thorough.  Your inquiries are confidential.

Available commercial space is listed here.

To list your commercial space for purchase or rent, please complete the Property Release Form and return it to:

Kathy Bailey
Main Street Manager
217 Elm Street
Oil City, PA 16301
(814) 677-3152, ext. 101
kbailey@oilregion.org

Property listing requests are subject to review by a committee and the Main Street Manager.  Properties must be within the downtown Main Street district and be owned or represented by the person making the request.

Having your property listed in the Main Street database is a proactive way to connect with potential tenants or buyers as our office receives numerous inquiries throughout the year from individuals looking for the perfect place to start, expand, or invest in a business.

 
 

Downtown Oil City has many resources available to downtown businesses as well as those considering starting a new business venture.

The Main Street Manager can guide you as you explore your business opportunities and needs.  Additionally there are other local resources that may be of value to you including:

Arts Oil City
City of Oil City
Oil Region Alliance
Score-Venango Branch
Small Business Development Center at Clarion University
Venango Area Chamber of Commerce

 
 

The Oil City Main Street program offers businesses located in the downtown Main Street District support through various incentives, trainings, and workshops.  In addition to the hands-on activities the volunteers provide such as downtown clean-up, aesthetic initiatives, and promotional events, our Main Street program provides real incentives toward initiatives that create synergy with the Main Street mission and support the overall look and perception of downtown.

FACADE IMPROVEMENTS
Facade Improvement Grant Program
The Oil City Main Street Facade Improvement Grant Program is a reimbursable, 50/50 matching grant for facade improvements including signage, awnings, windows, doors, masonry, paint, architectural elements, and design assistance on commercial buildings located within  the Main Street District.  Since 2012, nearly $110,000 in grants have been awarded for various projects, matched by private investment and resulting in nearly $300,000 in storefront improvements.

Click here for the program brochure, or contact Kathy Bailey, Main Street Manager at (814) 677-3152 ext. 101 or kbailey@oilregion.org for a complete application packet.

City of Oil City Facade Loan Program
The City of Oil City offers a low interest small loan program to businesses/building owners wishing to update or improve their facades. This loan can be used as match for the Main Street Facade Grant. Contact the City's Community Development Department at (814) 678-3018 for information on how to apply.

ARTS REVITALIZATION PROGRAM
ARTS Oil City's Artist Relocation program is a home-ownership model. All Residential-2 Zone properties in Oil City are now zoned by ordinance for live-work-gallery space, as long as 50% of items sold are created by the artist on the premises. In-home businesses must be approved by the Oil City Zoning Board.

Downtown studio workspace is available at $0.59/square foot/month, and includes utilities and liability insurance.  Non-profit downtown art galleries also offer a 65/35 commission agreement. A $15 hanging fee may apply.

Program details are here or contact the Oil City Main Street Office at (814) 677-3152 x 101 to learn what opportunities apply to you.

The following incentives apply to property purchases in Oil City:

  1. 100% fixed-rate financing of up to $150K on the purchase of residential live-work space is available through First National Bank for first-time homebuyers relocating into the Oil City Arts District (R-2 zoned properties). Financing is contingent on mortgage pre-qualification by First National Bank. 100% financing may be available on some properties through PNC Bank/USDA for those who are not first-time home buyers.
  2.  Funds toward down payment/closing costs on a residential property are available through Venango County Affordable Housing to people relocating from within Venango County. First-time home buyer and moderate income guidelines apply. Program available for as long as funds last.
  3.  A $250 grant and $5,000 loan @ 1% are available for façade improvements on commercial properties.
  4. Commercial properties along the Route 8 and 62 corridors are eligible for state-funded rehab loans. Rehab loans are through a revolving loan fund administered by the Oil Region Alliance. Funding level is contingent on availability of funds.

TAX ASSISTANCE
LERTA for Commercial or Industrial Buildings
Oil City’s LERTA (Local Economic Revitalization Tax Abatement) program provides tax relief on a building over a 10-year period to building owners undertaking the redevelopment of under utilized buildings.  You may be entitled to a property tax exemption on your contemplated alteration or new construction of deteriorated industrial, commercial or other business property. The LERTA provides tax forgiveness on the assessed value of the improvements for up to 10 years (100% the first year sliding to 0% in year 10).

Your project must be filed with the City of Oil City at the time a building or alteration permit is secured. More information can be obtained by calling the Code Enforcement Office at (814) 678-3003 or view the LERTA application here.

State & Federal Historic Tax Credits
Tax credits are available for the redevelopment of under utilized historic commercial buildings.  Contact the Bureau of Historic Preservation of PHMC (Pennsylvania Historical & Museum Commission) at (717) 787-4363 for more info.

 
 
For those looking for a summary of opportunities and incentives in downtown Oil City’s Main Street District you can view and print our
Business Resource Guide below:
 
 

The Oil City Main Street program is community-driven!  Our efforts rely heavily on the financial contributions, time, and efforts of individuals who live in, work in, and care about downtown Oil City. 

We are always looking for Volunteers who are willing to roll up their sleeves!  You can help with a small project or an event... or serve on one of our committees to help with planning and strategy. 

For a pdf of our program brochure, click here!

 
 

The Oil City Main Street program is supported by the financial contributions of community-minded businesses, organizations and individuals who want to see downtown Oil City thrive.  These funds help to carry out various projects and initiatives, and ensure that the Oil City Main Street Program's revitalization efforts will be sustained long after an initial grant of start-up funding from the Pennsylvania Department of Community and Economic Develpment.

If you'd like to donate, your contributions will be used specifically for Main Street efforts and stay in the downtown.  You can pledge any amount, and your contributions can be made annually or as often as you want.

MAIL OR DELIVER CHECKS TO:
Kathy Bailey, Main Street Manager
Oil Region Alliance
217 Elm Street
Oil City, PA 16301

Make checks payable to our fiscal agent:  “Oil Region Alliance”
Memo/Subject:  “Oil City Main Street Program”

 
 
 
 
 
JOIN OUR MAILING LIST
 

Oil Region Alliance - Downtown Oil City Pennsylvania City of Oil City - Downtown Oil City Pennsylvania Elizabeth S. Black, PNC Trustee and Edith S. Black, PNC Trustee Pennsylvania Downtown - Downtown Oil City Pennsylvania

Terms of Use
This website is intended to share information about the Oil City Main Street Program and the Oil City Main Street District. Businesses listed are only those within the Main Street designated area of downtown. Many other businesses exist beyond the Main Street District in downtown Oil City. Users agree not to use this website or its services to post, use or transmit content that you do not have the right to post or use, for example, using photos without the consent of the photographer, copying content or information within the website or using any of the images or content in an inappropriate way such as spamming businesses or individuals listed within the website. See the complete Terms and Photo Credits here.