Renovated Freestanding Office
For Sale
$339,900
103 S Barry St, Olean, NY 14760
Four-story property with an established professional-services tenancy and connected former clinic space.
Property Size8,314 SF
Price / SF$40.88
Days on Market466
Property Features for 103 S Barry St
General Information
Standard status
Active
Size
8,314 SF
Total Parking Spaces
4
Property subtype
General Commercial
Additional Details
Cap Rate
11.5%
Taxes and HOA fees
Annual Taxes
$4,658
Amenities
Gas
3
Asphalt
COM 1
4 Parking Spaces.
Rectangular
80X89
Rectangular.
Building Details
Year Built
1880
Buildings
1
Stories
4
Listing Agency:
Olean
(716) 372-1155
Listed By:
Howard Hanna Professionals
(716) 378-7039
Source:
Xome
Added: May 27, 2025
Changed: Aug 30
Last Checked: Aug 31 at 3:55PM
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 Olean
Investment Insights
Based on property information with market context.
This 8,314-square-foot freestanding office building in Olean was constructed in 1880 and has four stories of professional office space. The property has undergone recent renovations, with maintained mechanical systems and approximately four on-site parking spaces. A former medical clinic is directly connected to the building, adding additional space for future repositioning or redevelopment.
A law firm occupies part of the building under a lease extending through 2030, providing an established tenancy. The property is reported to produce a cap rate of nearly 11.5%. Flexible zoning supports potential use for professional offices, medical practices, banks, and financial institutions, with future multifamily conversion also identified as a possible path.
A law firm occupies part of the building under a lease extending through 2030, providing an established tenancy. The property is reported to produce a cap rate of nearly 11.5%. Flexible zoning supports potential use for professional offices, medical practices, banks, and financial institutions, with future multifamily conversion also identified as a possible path.
Key Highlights
- 8,314‑square‑foot freestanding office building
- Four‑story professional office property with recent renovations
- Law firm tenancy secured through 2030
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
753
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-story property with an established professional-services tenancy and connected former clinic space.
Where is this office building located?
The property is located at 103 S Barry St Olean, NY.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 8,314‑square‑foot freestanding office building; Four‑story professional office property with recent renovations; Law firm tenancy secured through 2030
