514 W State ST, Olean, NY 14760
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
KW Upstate New York Properties

KW Upstate New York Properties

+1(607) 431-2540
$159,900
Est. payment /mo
9,180 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,180 sqft

Price per Sqft $17

MLS Listing ID B1659799

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $5,613

Lot Size 6,847 Sqft

Acres 0.1572

Lot Dimensions 42X163

Property Sub-Type Mixed Use

Property Description

Great investment opportunity on highly visible West State Street! This mixed-use commercial/residential property offers 6 total units and approximately 6,100 sq ft of income-producing space. The building features two street-level commercial storefronts (one currently occupied) and four fully rented upper-level apartments totaling 3,060 sq ft, including one 2-bed/1-bath and three 1-bed/1-bath units. Updates include a new roof (2022) and some newer windows. Great opportunity for an owner-operator looking to run a business while generating rental income, or for investors seeking a solid commercial asset in a prime location.

Location

State NY

County Cattaraugus

Area Olean-City-041200

Zoning COM-1

Rooms

Basement Full

Interior

Heating Gas, Zoned

Cooling Zoned

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Sewer Available, Water Connected

Roof Type Flat

Total Parking Spaces 4

Building

Lot Description Irregular Lot

Story 2

Water Public

Level or Stories Two

Construction Status Existing

Schools

School District Olean

Others

Tax ID 041200-094-064-0009-013-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Read Less Info
Listed by ERA Team VP Real Estate 716-560-8624

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

KW Upstate New York Properties

KW Upstate New York Properties

+1(607) 431-2540

Broker | License ID: 10991215115

Broker License ID: 10991215115

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from KW Upstate New York Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.