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New Allegany Office Building For Sale
For Sale
$499,000

126 W Main Street, Allegany, NY 14706

New 11,250 SF office building in Allegany, NY.

Property Size11,250 SF
Price / SF$44.36
Days on Market171

Property Features for 126 W Main Street

General Information

Standard status Active
Size 11,250 SF
Property subtype Office, Retail, Restaurant
Zoning Commercial
Listing Agency: Recckio Real Estate & Development
Listed By: Rick Recckio · License #NY #31RE0821429
Source: Recckio
Added: Mar 26 Changed: Sep 11 Last Checked: Sep 12 at 4:32AM

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 & Development

Investment Insights

Based on property information with market context.

This newly constructed building offers 11,250 +/- SF of space, with approximately 5,600 +/- SF per floor. The building's structure allows for flexible floor plan designs to meet various needs. Constructed with high-quality improvements, the property features mechanical systems including three large HVAC units, 3-phase electric, and a sprinkler system. Plumbing, electrical, rooms, and windows are roughed in. Most rooms have floor-to-ceiling glass front walls. All bathroom fixtures are included and ready to be installed and finished. The roof is designed to accommodate a bar and patio. Located on the corner of Main Street and N. 2nd Street, the property is in the heart of Allegany, NY, and is minutes from St. Bonaventure University and Downtown Olean.

Key Highlights

  • Newly constructed (2019) 11,250 SF building offering flexible floor plan options.
  • Located in the heart of Allegany, NY, on the corner of Main Street and N. 2nd Street.
  • Minutes from St. Bonaventure University and Downtown Olean.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Nail Salon Law Firm Kitchen & Bath Showroom

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

190
Businesses Nearby

Demographics for 14706, NY

5,910
Population
2,828
Households
2.1
Avg Household Size
47
Median Age
35%
College-Educated
94%
High-School Grad
81.1 sq mi
ZIP Area
73
Density / Sq Mi
$76,029
Median Household Income
$48,518
Median Earnings
$789
Median Rent
$170,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - New 11,250 SF office building in Allegany, NY.
Where is this office building located?
The property is located at 126 W Main Street Allegany, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Newly constructed (2019) 11,250 SF building offering flexible floor plan options.; Located in the heart of Allegany, NY, on the corner of Main Street and N. 2nd Street.; Minutes from St. Bonaventure University and Downtown Olean.
More about this property
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