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PRICE $165,000 dsIDX morgage calculator
SIZE 1,320 sqft
LOT SIZE 12,629 sqft

INVESTORS & ENTREPRENEURS"”OPPORTUNITY IS KNOCKING! Discover the possibilities with this versatile 3-building mixed-use property, situated on .29 acres along a high-traffic corridor in the City of Olean! Presently zoned Industrial, this unique property offers an excellent combination of residential, commercial, and business potential! The front building features a flexible first-floor space that could serve as a professional office, business headquarters, or potential efficiency apartment, while the second floor boasts a finished, move-in-ready 2-bedroom apartment"”perfect for generating rental income! Behind the main building is an additional commercial building, currently operating as a small engine repair business. One side features a reception area, office, and storefront space, while the other offers an expansive garage/workshop with a second floor for additional storage or workspace! With over 10 parking spaces, a pole sign for excellent business visibility, and a fenced-in green area, this property has so much to offer! Whether you're looking to establish your own business, expand an existing operation, or invest in a property with multiple potential income streams, the possibilities are exciting! Affordably priced and ready for its next chapter"”bring your vision and MAKE US AN OFFER! All proposed uses are subject to applicable zoning and municipal approvals.

DAYS ON MARKET 2 LAST UPDATED 11/13/2026
YEAR BUILT 1910 COMMUNITY Olean-City-041200
COUNTY Cattaraugus STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Olean-City-041200
CONSTRUCTION Blown-In Insulation
GARAGE Yes
HEAT Baseboard, Forced Air, Natural Gas, Wall Furnace
HOA DUES Business
INTERIOR Office, PoleSign
LOT 0.2899 acre(s)
LOT DESCRIPTION Rectangular Lot
LOT DIMENSIONS 97X130
PARKING On Site
SEWER Public Sewer
STORIES 2
TAXES 2982
UTILITIES Sewer Connected, Water Available
ZONING Industrial
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 1507 E STATE STREET
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Listing provided by: Claudia Attard-Keary, EXP-Premier Listings Team, 716-307-8894

Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information deemed reliable but not guaranteed

This IDX solution is (c) Diverse Solutions 2026.