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Olean Industrial Property on State
For Sale
$125,000

1020 East State St, Olean, NY 14760

Industrial-zoned property with warehouse space and frontage on East State.

Property SizeContact for details
Days on Market283

Property Features for 1020 East State St

General Information

Standard status Active
Property subtype Land
Zoning Industrial
Listing Agency: Recckio Real Estate and Development
Listed By: Rick Recckio · License #NY #31RE0821429
Source: Recckio
Added: Nov 25, 2025 Changed: Sep 3 Last Checked: Sep 2 at 4:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Recckio Real Estate and Development

Investment Insights

Based on property information with market context.

Located on E. State St. in Olean, New York, this property comprises three separate parcels with approximately 190 feet of frontage on the main road. Zoned for industrial use, it is situated on the border of general business zoning. The property is currently used as a boat storage and maintenance shop. The structure is a steel pole barn of approximately 2550 square feet. The space includes two small offices and a bathroom, with the majority of the building being open warehouse space. The back of the building has multiple docks that are not in use. The property is in close proximity to restaurants, businesses, and downtown Olean, as well as residential houses. It offers easy access from route 417 and is just minutes from Route 16 and New York state Thruway I-86. The lot size is approximately 0.60 acres and has side access to Grossman Ave. This property serves a number of potential uses for any business or corporation and is in an ideal location for any general business or industrial usage.

Key Highlights

  • Ideal location on E. State St. with 190 ft frontage, offering high visibility and accessibility.
  • Industrial zoning allows for a wide range of business and industrial uses.
  • 2550 SF steel pole barn structure provides ample open warehouse space.**

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Restaurant Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial-zoned property with warehouse space and frontage on East State.
Where is this warehouse located?
The property is located at 1020 East State St Olean, NY.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Ideal location on E. State St. with 190 ft frontage, offering high visibility and accessibility.; Industrial zoning allows for a wide range of business and industrial uses.; 2550 SF steel pole barn structure provides ample open warehouse space.**
More about this property
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