Address
316 W State Street, Olean-City, NY
Price
$ 299,900
Property Attributes
  • MLS#R1526976
  • TypeCommercial
  • CountyCATTARAUGUS
  • CityOlean-City
  • AreaOlean-City
  • Zip14760
  • Style
  • Year Built1935
  • Taxes$ 17369
  • Price$ 299,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12023
  • Lot Size10,890 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

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.

Elementary School Middle School High School
Washington West Elementary Olean Middle Olean Senior High
Price History
3/19/2024 Listed $299,900

General Features

Sewer PublicSewer
Heating Gas,HotWater,Steam
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Zoning COM-1
Year Built 1935
Stories 2
Township Not Applicable
Levels Two
County Cattaraugus
Property Type CommercialSale
Status Active
Directions On Route 417
High School Olean Senior High
City Olean-City
High School District Olean
Zoning Description Commercial
MLS Area Olean-City-041200
Lot Size Square Feet 10890.0
Waterfront Y/N No
Street Name State
Elementary School Washington West Elementary
Year Built Details Existing
Tax Annual Amount 17369.0
Middle/Junior High School Olean Middle
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://tour.giraffe360.com/5848a0c7abe146f79e9e2f214db13a34/
Days on Market 8
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 321000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 58
Virtual Tour https://tour.giraffe360.com/5848a0c7abe146f79e9e2f214db13a34/

Interior Features

Basement Partial
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Parking Features Common,OnSite
Water Source Public
Total Parking 5.0
Inclusions Land and Building
Lot Size Area 0.25
Number of Buildings 1
Building Area Total 12023.0
Lot Dimensions 76X138
Lot Size Acres 0.25
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 14760

Price
AVG $460K
$300K
Taxes
AVG $39,892
$17,369
Visits
AVG 102
54
Data Provided by Inside Real Estate®
Year Built
AVG 1922
1935

Areas We Cover

Fair Housing Icon NY Fair Housing Notice