For Sale
$375,000

3047 Nys Route 417 Olean, NY 14760

Two Buildings, High Traffic Location, Excellent Income Potential

Overview

Added:
Feb 3
Days on market:
84
This exceptional commercial property in Olean, NY, presents a unique investment opportunity. Located on the busy Route 417W corridor, this offering includes two buildings totaling 3,063 square feet on a 0.2-acre lot. The main building is a fully equipped, turn-key salon, established for over 25 years, complete with four hair stations, two sinks, a waxing station, and a nail station. The existing owner is willing to include all equipment, inventory, and even their client list in the sale, providing a seamless transition for a new owner. The second building is a three-bedroom house currently generating $1200 per month in rental income. This property's prime location offers significant advantages, situated next to a hotel and across from Walmart and other big-box retailers, ensuring high visibility and foot traffic. The commercial zoning allows for diverse uses, making this an ideal investment for both established businesses and entrepreneurs seeking a profitable venture. The combination of a thriving salon and a consistently rented residential property provides immediate and substantial income streams, offering a compelling return on investment. The asking price for this exceptional property is $375,000.

Property Details for 3047 Nys Route 417

Property type
Commercial real estate
Square Feet
3,063 SF
Year Built
1900
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Olean
County
Cattaraugus
State
New York
Latitude
42.0766
Longitude
-78.46635

FAQs

What type of property is this?
Commercial real estate - Two Buildings, High Traffic Location, Excellent Income Potential
Where is the commercial real estate located?
The property is located at 3047 Nys Route 417 Olean, NY.
What is the asking price?
The asking price for this property is $375,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3047 Nys Route 417
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message