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    1425 Olean-Portville Rd Olean, NY 14760

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    For Sale
    $129,000

    Established retail property with high visibility and business potential.

    Property Features for 1425 Olean-Portville Rd

    General Information

    Zoning
    Commercial

    Source: Rick Recckio Agent Rick Recckio

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

    Overview

    Retail Opportunity on Olean-Portville Road

    This property, formerly a pet shop for over 50 years, presents a retail or office opportunity. The building, with 2,248 square feet and a full basement, is situated on a 148' x 225' lot. It features main road frontage and high visibility, enhanced by a pylon sign at the street and building signage. Large front windows offer display space easily viewable from the street. The property includes a fenced rear yard. Located off Olean-Portville Road in Olean, NY, near the Allegany River, the property is surrounded by businesses such as Ashley Home Furniture Store, R&R Transmissions, Advanced Auto Parts, Hammond's Used Furniture, U-Haul, and Southern Tier Polaris. The property can be purchased without the equipment.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Department Store Auto Parts 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
    -78.4026
    Latitude
    42.097

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    FAQs

    What type of property is this?
    Retail space - Established retail property with high visibility and business potential.
    Where is this retail space located?
    The property is located at 1425 Olean-Portville Rd Olean, NY.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Highly visible location with main road frontage, pylon sign, and building signage.; - 2,248 +/- SF building with a **full basement**.; - Established business location with a 50+ year history as a pet shop.
    (716) 998-4422
    Request Owner's contact information
    1425 Olean-Portville Rd 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
    1425 Olean-Portville Rd Olean, NY 14760
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