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1507 E State Street Olean, NY $ 169,000
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1507 E State Street
$ 169,000
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1507 E State Street

Olean, NY, 14760
$ 169,000
Bedrooms-- Baths-- Sq 1,320

Monthly Estimate*

$ 1,041

1507 E State Street, Olean, NY 14760 - Image 1
1507 E State Street, Olean, NY 14760 - Image 2
1507 E State Street, Olean, NY 14760 - Image 3
1507 E State Street, Olean, NY 14760 - Image 4
1507 E State Street, Olean, NY 14760 - Image 5
1507 E State Street, Olean, NY 14760 - Image 6
1507 E State Street, Olean, NY 14760 - Image 7
1507 E State Street, Olean, NY 14760 - Image 8
1507 E State Street, Olean, NY 14760 - Image 9

Commercial Property for sale in Olean, NY

for $169,000. This 1,320 square foot building was built in 1910 on a lot size of 0.2899.

Mixed-use opportunity on E State St in Olean. Property includes a 2-family home and a detached commercial building. Upper apartment is currently rented, providing immediate income. Lower unit offers flexibility for conversion to an additional apartment or office space. Second structure is set up for a small engine repair or similar commercial use. Large parking lot accommodates 10+ vehicles and includes gated access. Suitable for investors or owner-occupants seeking residential income with on-site business potential.

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Commercial Active

Price

$ 169,000

Property Type

Commercial

Taxes

$ 2,751

Style

Office

Lot Size

0.2899

Year Built

1910

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

B1678469
Features
General
Sewer PublicSewer
Heating Gas Zoned Baseboard ForcedAir HotWater
Cooling Zoned
Utilities ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt Shingle
Zoning I
Construction Materials Block Concrete WoodSiding
School District Olean
Year Built 1910
Electric Volts240 Other
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Office
Business Type AutoRepairSpecialty
Business Name City Line
County Cattaraugus
Property Type CommercialSale
Possible Use Office Residential Retail ServiceBusiness Service Warehouse
Building Features DriveInDoors Office PoleSign
Total Rooms 4
Status Active
High School Olean Senior High
City Olean
High School District Olean
Zoning Description Light Industrial
Number Of Units Total 2
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 12630.0
Year Built Details Existing
Tax Annual Amount 2751.0
Middle/Junior High School Olean Middle
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 50500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 12
Property Sub Type Additional Office Retail Apartment MixedUse Commercial
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Interior
Basement Full StorageSpace
Flooring Carpet Concrete Linoleum Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Driveway Fenced OnSite
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 10.0
Inclusions Land and Building
Lot Size Area 0.2899
Number of Buildings 2
Building Area Total 1320.0
Lot Dimensions 97X130
Lot Size Acres 0.2899
Waterfront Y/N No
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Internal Only
Street Number 1 1507
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* Excluded Features
List By
Exp Realty

Broker

(716) 936-0806

Phone

Affordability Calculator

$1,270
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,041
Monthly Property Taxes
$229
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.
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Nearby
3038230 Elementary School
3040703 Middle School
Olean Senior High High School
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Pricing History
DatePricePrice ChangeDescription
5/6/2026$169,000 Listed Price

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1507 E State Street, Olean, NY, 14760 is a Commercial Property for sale at $169,000 with 1,320 sqft and a lot size of 0.2899. 1507 E State Street was built in 1910. The property's zip code is 14760 which is in Olean, NY

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