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Olean Warehouse with Recent Improvements
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111 N 2nd St, Olean, NY

67,543 SF warehouse with recent capital improvements for sale.

Property Size67,543 SF
Lot Size1.31 Acres
Price / SF$26.65
Days on Market566

Property Features for 111 N 2nd St

General Information

Standard status Active
Size 67,543 SF
Lot size 1.31 Acres
Property subtype INDUSTRIAL
Listing Agency: CBRE | Buffalo
Listed By: Lida Eberz · License #40MY1179923
Source: Moodyscre
Added: Feb 24, 2025 Changed: Sep 8 Last Checked: Sep 13 at 11:27AM

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 CBRE | Buffalo

Investment Insights

Based on property information with market context.

This 67,543 square foot warehouse property is available for sale. It features 10 dock doors and 1 grade door. The property is zoned for general commercial use and includes a wet sprinkler system. A fenced surface parking lot measuring 30 feet by 158 feet provides 18 parking spaces. Capital improvements have been made recently to the roof, freight elevator, boiler, and exterior paint. The property is located 1.8 miles from I-86/Southern Tier Expressway.

Key Highlights

  • Convenient access to I‑86/Southern Tier Expressway (1.8 mi.)
  • 10 Dock Doors and 1 Grade Door for efficient loading/unloading
  • Fenced surface parking lot with 18 spaces

Property Analytics

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Current Use

S Bakery B Bakery Stroehmann Line Haul ... Trucking Company

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Real Estate Agency HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store

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

876
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Stor It 312 S 1st St, Olean, NY 14760
  • Secure Self Storage 417 N 1st St, Olean, NY 14760

Frequently Asked Questions

What type of property is this?
Warehouse - 67,543 SF warehouse with recent capital improvements for sale.
Where is this warehouse located?
The property is located at 111 N 2nd St Olean, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Convenient access to I‑86/Southern Tier Expressway (1.8 mi.); 10 Dock Doors and 1 Grade Door for efficient loading/unloading; Fenced surface parking lot with 18 spaces
(716) 912-2285 Call to check price and availability
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