316 W State Street Olean-City, NY $ 299,900
316 W State Street
$ 299,900
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316 W State Street

Olean-City, NY, 14760
$ 299,900
Baths0.0 Sq 12,023

Monthly Estimate*

$ 1,993

316 W State Street, Olean-City, NY 14760 - Image 1
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Studio Commercial Property for sale in Olean-City, NY for $299,900. This 12,023 square foot building was built in 1935 on a lot size of 0.25.

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.

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Commercial Active

Price

$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,369

Style

Lot Size

0.25

Year Built

1935

Town/City

Olean-City

County/Region

CATTARAUGUS

MLS | Web ID

R1526976

Features
General
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
Total Units 0
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/ 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
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Interior
Basement Partial
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Main Level Bathrooms 0
Total Baths 0
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Exterior
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
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Internal Only
Street Number 1 316
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* Excluded Features
List By
Howard Hanna Professionals

Broker

(716) 378-7039

Phone

Affordability Calculator

$3,441
Per Month
58%
42%
0%
Monthly Principal & Interest
$1,993
Monthly Property Taxes
$1,447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3323605 Elementary School
3323364 Middle School
Olean Senior High High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$299,900 Listed Price

Map


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316 W State Street, Olean-City, NY, 14760 is a Commercial Property for sale at $299,900 with 12,023 sqft and a lot size of 0.25. 316 W State Street is a studio with 0.0 baths and was built in 1935. The property's zip code is 14760 which is in Olean-City, NY