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    111 N 2Nd St Olean, NY 14760

    For Sale
    $1,800,000

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

    Property size:
    67,543 SF
    Lot size:
    1.31 Acres

    Property Features for 111 N 2Nd St

    General Information

    Size
    67,543 SF
    Lot size
    1.31 Acres

    Source: CBRE | Buffalo Agent Lida Eberz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Olean Warehouse with Recent Improvements

    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.
    Location Intelligence

    Current Use by Public Records

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

    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.

    Similar Places Nearby

    Stor It, Secure Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4327029
    Latitude
    42.0780631

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    FAQs

    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
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    111 N 2Nd St 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
    111 N 2Nd St Olean, NY 14760
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