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514 W State Street Olean, NY $ 169,900
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$ 169,900 Get more info
514 W State Street
$ 169,900
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514 W State Street

Olean, NY, 14760
$ 169,900
Bedrooms-- Baths-- Sq 9,180

Monthly Estimate*

$ 1,060

514 W State Street, Olean, NY 14760 - Image 1

Commercial Property for sale in Olean, NY

for $169,900. This 9,180 square foot building was built in 1910 on a lot size of 0.1572.

Great investment opportunity! TWO Commercial fronts (One occupied at this time). Four upper apartments all occupied. Highly visible and located on West State Street. This 6 unit Commercial / Residential building features 6100 sqft of opportunity! NEW Roof 2022. Some new windows. Upper four rentals total 3060 sqft. One 2bed1bath and three 1bed1bath Off street parking with 3-4 spaces in the rear. Don't miss this opportunity to feature your own business while having rental oncome or commercial investment.

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Commercial Active

Price

$ 169,900

Property Type

Commercial

Taxes

$ 5,487

Style

Apartment

Lot Size

0.1572

Year Built

1910

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

B1512669
Features
General
Heating Gas Individual ForcedAir
Cooling OneUnit
Utilities WaterConnected
Possession CloseOfEscrow
Roof Metal Other SeeRemarks
Zoning COM-1
School District Olean
Year Built 1910
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Apartment
County Cattaraugus
Property Type CommercialSale
Possible Use Residential Retail ServiceBusiness Service
Status Active
Directions From N Union to W State
City Olean
High School District Olean
Zoning Description Commercial
Number Of Units Total 0
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 6846.0
Year Built Details Existing
Tax Annual Amount 5487.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 100000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 13
Property Sub Type Additional Apartment MixedUse Commercial
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Exterior
Parking Features Common ParkingFee
Water Source Public
Total Parking 4.0
Inclusions Building Only
Lot Size Area 0.1572
Number of Buildings 1
Building Area Total 9180.0
Lot Dimensions 42X163
Lot Size Acres 0.1572
Waterfront Y/N No
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Internal Only
Street Number 1 514
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* Excluded Features
List By
Era Team Vp Real Estate

Broker

(716) 560-8624

Phone

Affordability Calculator

$1,517
Per Month
70%
30%
0%
Monthly Principal & Interest
$1,060
Monthly Property Taxes
$457
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
3038230 Elementary School
3038160 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/13/2025$169,900 -8.11% Price Down
3/25/2025$184,900 -2.17% Price Down
1/7/2025$189,000 -12.05% Price Down
10/18/2024$214,900 -4.45% Price Down
4/22/2024$224,900 -5.90% Price Down
12/5/2023$239,000 Listed Price

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514 W State Street, Olean, NY, 14760 is a Commercial Property for sale at $169,900 with 9,180 sqft and a lot size of 0.1572. 514 W State Street was built in 1910. The property's zip code is 14760 which is in Olean, NY

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