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    815 W State St Olean, NY 14760

    For Lease
    $299,900

    COMMERCIAL - Olean, NY

    Property size:
    9,600 SF
    Lot size:
    0.32 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 815 W State St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    COM 1
    APN
    041200-094-064-0012-005-000-0000
    Parking
    18
    Size
    9,600 SF
    Lot size
    0.32 Acres

    Utilities

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

    Building Details

    Year built
    1964
    Floors in Building
    3
    Roof type
    Asphalt

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

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

    Listing date Oct 10, 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

    Prime Commercial Corner Lot

    This 9,600 square foot corner lot is located in Olean's business district. The site is positioned at a signalized intersection and offers frontage on two streets, providing visibility and accessibility. The property is surrounded by national retailers, banks, and service providers. It is suitable for retail, restaurant, office, or redevelopment use. The property, an outparcel, underwent a complete renovation in 2007 and is partially built out as standard retail space. The flat, level lot benefits from high daily traffic counts and exposure on a heavily traveled road. Utilities are available at the street. The property is zoned COM 1 and is 0.3232 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Factory Motor Parts Auto Parts Store Auto Plus Auto ... Auto Parts Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.439535
    Latitude
    42.077078

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    FAQs

    What type of property is this?
    Retail property - High-visibility 9,600 SF corner lot in Olean's business district.
    Where is this retail property located?
    The property is located at 815 W State St Olean, NY.
    What are key features of this property?
    This property features: - Prime 9,600 SQFT **corner lot** in a high-traffic business district.; - Excellent visibility and accessibility **at a signalized intersection**.; - Located among national retailers, banks, and service providers.
    (716) 372-1155
    Request Owner's contact information
    815 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
    815 W State St Olean, NY 14760
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