Mixed-Use Building with
For Sale
$165,000
1305 W State Street, Olean, NY 14760
CommercialSale, Olean, NY
Property Size6,680 SF
Lot Size0.40 Acres
Price / SF$24.70
Days on Market196
Property Features for 1305 W State Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Zoning description
Commercial
Rooms
Basement
Parking
25
Parking features
Fenced, Driveway
Lot features
Rectangular, Rectangular Lot
Elementary school
Washington West Elementary
Middle school
Olean Middle
High school
Olean Senior High
Elementary school district
Olean
Middle school district
Olean
High school district
Olean
Subdivision
Olean-City-041200
Standard status
Active
APN
041200-094-064-0010-005-000-0000
Size
6,680 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Annual Amount
4039
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air, Space Heater
Cooling system
Separate Meters
Water source
Public
Building Details
Year built
1918
Floors in Building
2
Number of units
5
Flooring type
Linoleum, Carpet, Vinyl
Building materials
Frame
Roof type
Flat
Listing Agency:
Howard Hanna Professionals - Olean
(716) 372-1155
Listed By:
Dennis B. Pezzimenti · License #10491207167
(716) 378-8989
Added: Feb 28
Changed: Sep 12
Last Checked: Sep 12 at 12:06PM
MLS# R1664336
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property contains 6,680 square feet on a 0.4-acre parcel. The first floor is described as suitable for retail or office occupancy, while several rental units provide additional space within the building. The structure dates to 1918 and features frame construction, a flat roof, carpet, linoleum, and vinyl flooring, along with space heater, forced-air, and natural-gas heating systems.
Located at 1305 W State Street in Olean, the property sits on a heavily traveled street in West Olean. Access is available from South 12th Street and South 13th Street. An additional rear lot provides several parking spaces, with driveway and fenced parking features. Public water and public sewer serve the property.
Located at 1305 W State Street in Olean, the property sits on a heavily traveled street in West Olean. Access is available from South 12th Street and South 13th Street. An additional rear lot provides several parking spaces, with driveway and fenced parking features. Public water and public sewer serve the property.
Key Highlights
- 6,680‑square‑foot mixed‑use property on a 0.4‑acre parcel
- First‑floor layout described for retail or office use
- Several rental units included within the building
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 14760, NY
18,031
Population
8,917
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
277
Density / Sq Mi
$52,569
Median Household Income
$35,754
Median Earnings
$777
Median Rent
$99,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor space is described for retail or office use, with additional rental units in the building.
Where is this mixed-use property located?
The property is located at 1305 W State Street Olean, NY.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 6,680‑square‑foot mixed‑use property on a 0.4‑acre parcel; First‑floor layout described for retail or office use; Several rental units included within the building
