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    3004 Nys Route 417 Olean, NY 14760

    For Sale
    $1,399,500

    COMMERCIAL - Olean, NY

    Property size:
    2,696 SF
    Lot size:
    0.75 Acres
    Days on Market:
    96
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 3004 Nys Route 417

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    431
    APN
    042089-094-062-0001-005-002-0000
    Parking
    50
    Size
    2,696 SF
    Lot size
    0.75 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1997
    Floors in Building
    1
    Roof type
    Asphalt

    Century 21 Turner Brokers (716) 763-7506 [email protected]

    Listing agent Thomas Turner (716) 763-7506 License #10311200036

    Listing date Sep 9, 2025

    Copyright © 2025 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.

    Overview

    Olean Commercial Property For Sale

    This commercial property, located in Olean, NY, is available for sale. Currently used as an auto dealership, the building totals 2,696 square feet and was constructed in 1997. It is situated on a 0.75-acre lot with dual road frontage, providing visibility and accessibility from both Independence Drive and NYS Route 417. The property is near local amenities, including retail, dining, and other commercial centers. With ample parking and outdoor space, the lot offers room for growth, additional service areas, or future expansions. The building's layout is suited for a showroom, office spaces, and service areas, making it attractive for an auto dealership, retail business, or other commercial operations. This location has over 16,000 vehicles passing by daily. Zoned for commercial use (431), the property provides the flexibility to accommodate various business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    BJ's Wholesale Club, Walmart Auto Care Centers, Mallery's Auto Body & Collision, Shults Express Lube & Tire, Mastercraft Tires

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.463576
    Latitude
    42.077428

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    FAQs

    What type of property is this?
    Auto shop - Commercial property in Olean, NY, ideal for various businesses.
    Where is this auto shop located?
    The property is located at 3004 Nys Route 417 Olean, NY.
    What is the asking price?
    The asking price for this property is $1,399,500.
    What are key features of this property?
    This property features: - High-traffic location with over 16,000 vehicles per day.; - Dual road frontage on Independence Drive and NYS Route 417, providing excellent visibility and accessibility.; - **2,696 sq ft building suitable for showroom, office, and service areas**; ideal for auto dealership, retail, or other commercial operations.
    (716) 763-7506
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    3004 Nys Route 417 Olean, NY 14760
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    Olean, NY 14760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3004 Nys Route 417 Olean, NY 14760
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