Olean NY Commercial for Sale

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Type:
Other
Sq.Ft.:
15,320
Status:
Active
Beds:
n/a
Lot size:
0.7 Acres
Year built:
1993
Baths:
MLS#:
R1559459

ADDITIONAL INFORMATION

Prime commercial property available at the highly visible intersection of S 4th St and W State St in Olean. This 15,000+ square foot building, constructed in 1993, is situated on a 0.57-acre lot in a high-traffic area, making it an ideal location for businesses seeking maximum exposure. The property is in good overall condition, though the air conditioning units may require repair. The building features versatile commercial space suitable for retail, office, or mixed-use purposes, with a spacious rear warehouse area offering high ceilings, a mezzanine level for additional storage, and convenient loading/unloading access. This is an excellent opportunity for investors or businesses to capitalize on the property’s prime location and substantial square footage

Type:
General Commercial
Sq.Ft.:
5,796
Status:
Active
Beds:
n/a
Lot size:
0.36 Acres
Year built:
1957
Baths:
MLS#:
R1557376

ADDITIONAL INFORMATION

Presenting an exceptional opportunity to own a versatile commercial property in a high-traffic location on South Union Street, right before the Union Street Bridge. This impressive building boasts approximately 5,800 square feet of flexible space, perfectly suited for a variety of business operations. Property Features: Spacious Garage Area: Ideal for automotive services, storage, or light industrial use. Loading Dock: Convenient for shipping and receiving, enhancing operational efficiency. Ample Parking: Plenty of parking space for customers and employees, a crucial asset for any business. High Visibility Location: Situated on one of the busiest roads in Olean, ensuring maximum exposure and easy access for customers. Newer Roof: Recently updated to ensure durability and reduce future maintenance costs. Well-Maintained: Ongoing maintenance over the years ensures the property is in excellent condition. This property is strategically positioned to capitalize on the bustling activity of South Union Street, making it an ideal location for businesses looking to expand or establish a presence in a prime commercial district.

Type:
Office
Sq.Ft.:
6,680
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1918
Baths:
MLS#:
R1554313

ADDITIONAL INFORMATION

This commercial property is located on a heavily travelled street in West Olean. The first floor offers many opportunities from retail to office space. The property has several rental units for additional income. To the rear of the building, there is an additional lot with sveral parking spaces. It also has access from South 12th Street and South 13th Street. See attached map.

Type:
General Commercial
Sq.Ft.:
1,320
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1914
Baths:
MLS#:
B1551595

ADDITIONAL INFORMATION

1,320sq/ft building, perfect for storefront, shop, office, or storage. Property features large display windows on the front of the building and a 9'x8' drive-in located on the rear side of the building. Currently leased month to month by long term tenant who is willing to stay for any investors that purchase the building or owner occupy for your own business!

Type:
General Commercial
Sq.Ft.:
8,060
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Baths:
MLS#:
R1543153

ADDITIONAL INFORMATION

Discover endless possibilities with this unique downtown Olean property, situated ideally in the heart of the city's vibrant, walkable district. Boasting two well-maintained buildings and three versatile storefronts, this prime location offers unparalleled visibility and foot traffic, making it an entrepreneur's dream. The buildings feature stone facades, high ceilings, large display windows, and garage space, which are great for storefronts and functionality. With the potential for residential conversion on the upper floors, imagine chic loft apartments or stylish studio spaces catering to urban dwellers. Enjoy the convenience of a pedestrian-friendly location, with local shops, restaurants, and parks nearby. This property represents a rare investment opportunity with significant growth potential. Don't miss your chance to own a piece of downtown Olean's real estate. Sale includes both 405 and 413 N Union St

Type:
Other
Sq.Ft.:
3,063
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1900
Baths:
MLS#:
R1529124

ADDITIONAL INFORMATION

SALON OWNERS!!! INVESTORS!!!! Here's an Excellent Opportunity for you! 2 for the Price of 1! Prime Location!! Commercially Zoned, Next Door to a Hotel, Across from Wal-Mart and all the Box Stores on the Busy Route 417W Corridor, here are 2 Buildings Available For You With Endless Possibilities! Pok's Full Service Salon, in Business for over 25 years, is now ready for You to Take It Over! The Salon is Turn-Key ready to Start Business Right Up! She's willing to not only let her Equipment, Inventory & Everything Else Go with the Sale, she will even Share Her Book with the Incoming Buyer! Are you Currently Leasing a Space but want to Invest In Yourself? Here's the Perfect Opportunity! The 3 Bedroom House out front of the Salon is currently Rented, Bringing in $1200/month! That can pay for your Bank Note while Starting your Own Business and Renting out chairs for yourself! There are 4 Hair Stations, 2 Sinks, A Waxing Station, Nail Station and So Much More! Location is Everything...and this has it all!

Type:
General Commercial
Sq.Ft.:
12,023
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1935
Baths:
MLS#:
R1526976

ADDITIONAL INFORMATION

Step into the heart of Olean with this exceptional real estate opportunity—a sprawling, more than 10,000-square-foot building with a storied history and boundless potential. Currently housing a dry cleaning business that has impeccably served Olean and its surrounding areas for 105 years, this property is a testament to enduring success and community trust. Beyond its current operation, the building unfolds into a labyrinth of possibilities, featuring several rooms and generous storage spaces. This architectural gem is a blank canvas for entrepreneurs and businesses aiming to make their mark in a vibrant location. Its ample room for expansion is a rare find, offering the flexibility to tailor the space to a wide array of business ventures, from retail to offices, or even a boutique manufacturing hub. Located in the bustling heart of Olean, the property benefits from high foot traffic and visibility, making it an attractive spot for established businesses looking to grow and new ventures seeking a prominent position. The combination of its historical significance, coupled with the adaptability of its space, presents a unique opportunity to investors.

Type:
Other
Sq.Ft.:
6,636
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1890
Baths:
MLS#:
R1520876

ADDITIONAL INFORMATION

Excellent Investment Opportunity!! This Contemporary Restaurant, Located in the Heart of Downtown Olean, Is Now Available for you to call your own!! Originally 2 Buildings, it's Been Combined as 1 Large Corner-Lot Investment Property, Housing Brothers Bistro on the Main Floor with 4 Apartments above & the Potential to build-out 2 More Apartments! This Trendy, Upscale Restaurant has a Nice Fire Pit & Seating Out Front. It comes Turn-Key with All Equipment, Furnishings, & Catering Contracts. Between that and the Rentals, You will have Great Return! Don't Miss Out on This Amazing Opportunity!!

Type:
General Commercial
Sq.Ft.:
4,736
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1837
Baths:
MLS#:
R1516181

ADDITIONAL INFORMATION

Remarks: Here is your chance to own a piece of Olean's history. This church was built in 1837 and originally was located on South Barry St. In 1882 it was relocated to its current location on the corner or N Barry St and East State St. This property is conveniently located by the Farmers Market, City Hall and all of the wonderful amenities located downtown. Lovely stained glass windows allow tons of natural light to flood the building. In addition to the large open room there is also a meeting room and a small office, both have stunning wooden and glass pained doors separating them from the main room. The Current owner is replacing the roof prior to closing with some work it is easy to imagine this one of a kind church restored to its former glory!

Type:
Apartment
Sq.Ft.:
9,180
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1910
Baths:
MLS#:
B1512669

ADDITIONAL INFORMATION

Great investment opportunity! TWO Commercial fronts (One occupied at this time). Four upper apartments all occupied. Highly visible and located on West State Street. This 6 unit Commercial / Residential building features 6100 sqft of opportunity! NEW Roof 2022. Some new windows. Upper four rentals total 3060 sqft. One 2bed1bath and three 1bed1bath Off street parking with 3-4 spaces in the rear. Don't miss this opportunity to feature your own business while having rental oncome or commercial investment.

Type:
Other
Sq.Ft.:
4,913
Status:
Active
Beds:
n/a
Lot size:
0.71 Acres
Year built:
1926
Baths:
MLS#:
R1507138

ADDITIONAL INFORMATION

Introducing the epitome of a turnkey business opportunity – the Cornerstone Convenience Store! This family-run gem, situated in a prime location, is more than just your typical convenience store. It also boasts a full food menu that caters to all-day cravings, from breakfast, lunch and dinner options, this establishment has become a beloved destination for both locals and passersby. This store also hosts an extensive selection of beverage options along with the convenience of a can/bottle return center. Additionally, the 2-bedroom upstairs apartment can be re-established with some TLC to provide an additional source of income. All equipment required to run the business effectively is included in the sale. The current ownership is willing to provide training and assistance to ensure a seamless handover. This business is set for ambitious entrepreneurs looking to shape their financial future and build upon an already thriving operation. Don't miss the chance to make this business your own!

Type:
General Commercial
Sq.Ft.:
1,120
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1949
Baths:
MLS#:
R1439098

ADDITIONAL INFORMATION

This property is located within a block of major commercial properties that include Walmart, Home Depot, BJ's Wholesale Club, Tim Horton's, Applebees, Aspen Dental and several other national chains including new national chains currently under construction. This a great investment with the three neighboring properties totaling approximately 1.60 acres one of them being a corner lot.

Type:
Office
Sq.Ft.:
4,222
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1970
Baths:
MLS#:
R1431001

ADDITIONAL INFORMATION

Great location for your business. This building with over 4,000 square feet is located near a large shopping center and is situated on a corner lot. There is a small office area and plenty warehouse storage. The building has two 8' overhead doors for easy access. The building has a three phase electric wiring service if you need the extra power. This property is located within a block of major commercial properties that include Walmart, Home Depot, BJ's Wholesale Club, Tim Horton's, Applebees, Aspen Dental and several other national chains including new national chains currently under construction. This a great investment with the three neighboring properties totaling approximately 1.60 acres one of them being a corner lot.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Olean Real Estate

The median home value in Olean, NY is $115,000. This is higher than the county median home value of $75,300. The national median home value is $219,700. The average price of homes sold in Olean, NY is $115,000. Approximately 43.14% of Olean homes are owned, compared to 43.09% rented, while 13.77% are vacant. Olean real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olean real estate agent to arrange a tour today!

Olean, New York has a population of 13,911. Olean is more family-centric than the surrounding county with 26.69% of the households containing married families with children. The county average for households married with children is 26.4%.

The median household income in Olean, New York is $40,291. The median household income for the surrounding county is $45,571 compared to the national median of $57,652. The median age of people living in Olean is 40.8 years.

Olean Weather

The average high temperature in July is 79.3 degrees, with an average low temperature in January of 11.2 degrees. The average rainfall is approximately 43.2 inches per year, with 61.5 inches of snow per year.

Olean Real Estate Market Conditions

  • Median sales price

    $115,000
    1.81% change since last quarter
  • # Active listings

    60
    30-day change

Olean Schools and Demographics

Education near Olean, NY

Metric City County
High School Graduates 90 88.37
College Degree - 2 year 12.73 12.54
College Degree - 4 year 26.23 18.93
Graduate Degree 9.07 6.96
Expenditures per Student 16,660 19,100
Students per Teacher 13.1 12.3

Elementary Schools near Olean, NY

School Grades Students P/T Ratio ZIP
Allegany-Limestone Elementary School PK - 05 503 12.9 14706
Cuba-Rushford Elementary School PK - 05 393 14.6 14727
East View Elementary School PK - 03 380 13.7 14760
Portville Elementary School PK - 06 565 15.3 14770
Washington West Elementary School PK - 03 339 12.3 14760

Middle Schools near Olean, NY

School Grades Students P/T Ratio ZIP
Allegany-Limestone Middle School 06 - 08 293 17.7 14706
Cuba-Rushford Middle School 06 - 08 201 15.5 14727
Olean Intermediate-Middle School 04 - 08 635 12.8 14760

High Schools near Olean, NY

School Grades Students P/T Ratio ZIP
Allegany-Limestone High School 09 - 12 357 15.9 14706
Cuba-Rushford High School 09 - 12 260 12.4 14727
Olean Senior High School 08 - 12 786 15 14760
Portville Junior-Senior High School 07 - 12 431 16.1 14770

Ungraded Schools near Olean, NY

School Grades Students P/T Ratio ZIP
Cattaraugus-Allegany-Erie-Wyoming Boces KG - 12 425 6.4 14760
Hinsdale Central School PK - 12 457 10.9 14743

Demographics near Olean, NY

Metric City County
Neighborhood Type Small Town
Population 13,911 78,175
Population Density 2,358 60
Median Age 40.8 41.7
People per Household 2.2 2.4
Median Household Income 40,291 45,571
Average Income per Capita 25,924 23,984