$1 Auction-REIT Sale | Fmr Advance Auto Parts 1028 W Spring St Local commercial 568 m² À vendre Titusville, PA 16354 152 023 € (267,77 €/m²)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 1028 West Spring Street in Titusville, Pennsylvania 16354 (the “Property”). Formerly occupied by Advance Auto Parts, the Property is being offered significantly below replacement cost, providing an attractive opportunity for owner-users or investors to acquire a highly visible, strategically positioned asset at a compelling basis. FIRST BID MEETS RESERVE!
Constructed in 2010, the Property consists of a one-story, free-standing retail/automotive building totaling ±6,111 square feet situated on a ±0.72-acre (±31,302 SF) parcel. The site features a pylon sign, one (1) overhead door, ±18.2’ clear height, a single point of ingress/egress, and 31 surface parking spaces, supporting a variety of retail, automotive, or service-oriented uses. The Property is situated adjacent to O’Reilly Auto Parts, creating a synergistic auto-parts retail node, and benefits from exceptional visibility with over ±125 feet of frontage on the north side of West Spring Street (State Route 8), which sees ±7,289 vehicles per day. The Property was previously leased to Advance Auto Parts on a triple-net (NNN) basis and presents a value-add opportunity through re-tenanting at market lease rates, with CoStar estimating retail rents of $9–$11/SF NNN. Zoned C, General Commercial District, the Property allows for a wide range of retail and commercial uses, offering flexibility for repositioning, lease-up, or owner-user occupancy within an established commercial corridor.
The Property is located in Titusville, Pennsylvania, the county seat of Crawford County, and part of the broader Erie MSA. Titusville serves as a regional hub for retail, healthcare, and local services, supporting surrounding rural communities throughout northwestern Pennsylvania. Strategically positioned along one of Titusville’s primary commercial corridors, the Property benefits from strong visibility and convenient access to U.S. Route 6 and PA Route 27, providing connectivity throughout the region. The site is also proximate to PA Route 8, PA-77, State Route 1010, and State Highway 408, offering access to Interstate 79 (±30-Mi west of the Property), the region’s primary north-south corridor connecting Erie to Pittsburgh. The Property is situated within an established commercial corridor near national retailers including Walmart, Tractor Supply, and regional automotive dealerships, as well as a nearby industrial park, supporting consistent consumer traffic and employment-driven demand. The site is located approximately ±1-Mi from Downtown Titusville, which features a mix of local retailers, restaurants, and service-oriented businesses contributing to steady daytime activity. Nearby demand drivers include Titusville Area Hospital just ±1-Mi from the Property, Oil City healthcare resources, and local schools and municipal services, supporting a stable employment base. The surrounding area is characterized by a mix of residential neighborhoods and neighborhood-serving retail, reinforcing demand for daily-needs goods and services. The broader trade area includes ±8,700 residents within a 5-Mi radius, with an average household income of ±$64,000, supporting consistent consumer spending and positioning the Property for long-term tenancy within a stable retail corridor.