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    417 W State St Olean, NY 14760

    For Sale
    $499,900

    COMMERCIAL - Olean, NY

    Property size:
    15,320 SF
    Lot size:
    0.70 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 9 at 3:06 pm

    Property Features for 417 W State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    041200-094-065-0011-044-001-0000
    Parking
    20
    Parking features
    Paved or Surfaced
    Size
    15,320 SF
    Lot size
    0.70 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air, Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1993
    Floors in Building
    1
    Flooring type
    Concrete, Hardwood, Carpet, Varies
    Roof type
    Rubber, Flat, Membrane

    Howard Hanna Holt Real Estate (716) 269-4208 [email protected]

    Listing agent Paul Pezzimenti (716) 372-1155 License #10301214758

    Listing date Aug 15, 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

    Located at the intersection of S 4th St and W State St in Olean, this commercial property offers a 15,000+ square foot building constructed in 1993. Situated on a 0.57-acre lot, the property benefits from high traffic exposure. The building is in good overall condition, though the air conditioning units may require repair. The versatile commercial space is suitable for retail, office, or mixed-use purposes. A spacious rear warehouse area features high ceilings and a mezzanine level for additional storage, along with convenient loading and unloading access. This property presents an opportunity for investors or businesses seeking a prime location and substantial square footage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.434919
    Latitude
    42.077183

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    FAQs

    What type of property is this?
    Retail space - 15,000+ sq ft commercial building on 0.57 acres in Olean.
    Where is this retail space located?
    The property is located at 417 W State St Olean, NY.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Prime location at the highly visible intersection of S 4th St and W State St in Olean.; - Substantial square footage: over 15,000 sq ft building on a 0.57-acre lot.; - Versatile commercial space suitable for retail, office, or mixed-use purposes.
    (716) 372-1155
    Request Owner's contact information
    417 W State St 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
    417 W State St Olean, NY 14760
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