2646 Rt-16 Way N Olean, NY $ 500,000
2646 Rt-16 Way N
$ 500,000
Recently Listed
Share Save

2646 Rt-16 Way N

Olean, NY, 14760
$ 500,000
Bedrooms-- Baths-- Sq 60,840

Monthly Estimate*

$ 3,079

2646 Rt-16 Way N, Olean, NY 14760 - Image 1
2646 Rt-16 Way N, Olean, NY 14760 - Image 2
2646 Rt-16 Way N, Olean, NY 14760 - Image 3
2646 Rt-16 Way N, Olean, NY 14760 - Image 4
2646 Rt-16 Way N, Olean, NY 14760 - Image 5
2646 Rt-16 Way N, Olean, NY 14760 - Image 6
2646 Rt-16 Way N, Olean, NY 14760 - Image 7
2646 Rt-16 Way N, Olean, NY 14760 - Image 8
2646 Rt-16 Way N, Olean, NY 14760 - Image 9
2646 Rt-16 Way N, Olean, NY 14760 - Image 10

Commercial Property for sale in Olean, NY

for $500,000. This 60,840 square foot building was built in 1950 on a lot size of 1.4.

Auto Repair Shop-Do not miss this incredible established business/investment opportunity, which has been in service for 23 years, and to purchase a successful 9,600 square foot auto repair shop located on NYS RTE. 16, with high visibility, high traffic count, and 40+ surfaced parking spaces on both sides of the shop and in front. Has 2 ten foot overhead bay doors with two car lifts. Take advantage of this freestanding turnkey cash-flowing commercial asset with an attached office/main lobby that is ideal for customer intake and waiting room. There is also a utility/storage room at the back of the main office/lobby area with attached Semi Trailer for extra storage. There's a half bath, pellet stove for backup heat, water tank and breaker box. The garage area is heated with a forced air overhead blower. Equipment, tools, Office furniture, Exhaust inventory, and NYS Inspection Machine, and more, will transfer upon purchase. Ask for the list of Equipment that will transfer. Also, established repeat customer list will be transferred. There are two lots totaling 1.4 acres. The back vacant lot has an extra septic that has not been used for some time. There used to be two mobile homes on the back lot. No underground storage tanks. Electric hot water tank Rubber roof is 20 years old. Seller will allow new owner to keep the name if they want to and will stay on to help with getting them established if needed.

See more

Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 2,335

Style

Lot Size

1.4

Year Built

1950

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1663469

Features
General
Sewer PublicSewer
Heating Oil Other SeeRemarks ForcedAir
Cooling Other SeeRemarks
Utilities ElectricityConnected SewerConnected WaterConnected
Possession Closing
Roof Membrane Rubber
Zoning 455
Security Features Intercom
School District Hinsdale
Year Built 1950
Electric Other
Stories Count 1
Township Not Applicable
Levels One
Business Type AutoRepairSpecialty
Additional Parcels Description 046600-085-019-0001-058-002-0000
County Cattaraugus
Property Type CommercialSale
Possible Use Automotive
Building Features Office PhoneSystem PrivateRestrooms PoleSign
Status Active
Directions From Olean go past the hospital on NYS RTE. 16 and keep going you will see the SAGES AUTOMOTIVE on the right hand side. Signage in the front window. GPS will take you there as well.
City Olean
High School District Hinsdale
Zoning Description Other - See Remarks
Number Of Units Total 1
MLS Area Olean- Town-046600
Lot Size Units Acres
Lot Size Square Feet 60840.0
Year Built Details Existing
Tax Annual Amount 2335.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Hinsdale
Elementary School District Hinsdale
Tax Assessed Value 60000
TaxOtherAnnualAssessmentAmount 146.0
See more
Interior
Basement None
Flooring Concrete
Total Fireplaces 0
Total Stories 1
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
See more
Exterior
Parking Features Surfaced
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 40.0
Inclusions Equipment Inventory Land Building and Business
Lot Size Area 1.4
Number of Buildings 1
Building Area Total 60840.0
Lot Dimensions 240X254
Lot Size Acres 1.4
Waterfront Y/N No
Other Equipment Compressor
See more
Internal Only
Street Number 1 2646
See more
* Excluded Features
List By
Century 21 Turner Brokers

Broker

(716) 904-3038

Phone

Affordability Calculator

$3,273
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$195
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3323796 Elementary School
3323778 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/24/2026$500,000 Listed Price

Map


See all

2646 Rt-16 Way N, Olean, NY, 14760 is a Commercial Property for sale at $500,000 with 60,840 sqft and a lot size of 1.4. 2646 Rt-16 Way N was built in 1950. The property's zip code is 14760 which is in Olean, NY