For Sale
$126,500

310 State St Olean, NY 14760

Prime Location, Versatile Space, Needs TLC

Overview

Added:
Feb 3
Days on market:
84
This remarkable three-story building, constructed in 1929, presents a unique investment opportunity in the heart of Olean, NY. The property encompasses 6,768 square feet of space, including a stunning mezzanine, offering exceptional versatility for a wide range of commercial uses. The main building features approximately 4,548 square feet of usable space on the first two floors, with additional space available in the basement and third floor. Adding to its appeal is a two-car garage with a driveway, and an adjacent parcel of land offering potential for expanded parking. Situated on a 0.19-acre lot, this property benefits from its prime downtown location, offering excellent visibility and accessibility. While priced affordably at $126,500, prospective buyers should note that the building requires some renovation. Specifically, the hot water baseboard heating system has a leak in an unidentified pipe, resulting in a lack of heat at present. Showings are available starting Monday, January 20, 2025. While historically significant in its architecture and location, the building is not officially listed as a historical landmark.

Property Details for 310 State St

Property type
Commercial real estate
Square Feet
6,768 SF
Year Built
1929
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Olean
County
Cattaraugus
State
New York
Latitude
42.0774
Longitude
-78.42617

FAQs

What type of property is this?
Commercial real estate - Prime Location, Versatile Space, Needs TLC
Where is the commercial real estate located?
The property is located at 310 State St Olean, NY.
What is the asking price?
The asking price for this property is $126,500.
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.
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310 State St
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