Prime Commercial Land Near
133 Independence Dr, Olean, NY 14760
- Added:
- Nov 25, 2025
- Days on Market:
- 177
- Last Refresh:
- Apr 16 at 5:43 pm
Property Features for 133 Independence Dr
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agent Rick Recckio License #NY #31RE0821429 (716) 998-4422
Listing office Recckio Real Estate & Development (716) 998-4422
Listing date Nov 25, 2025
Source Recckio
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
HighLights
- Located in a thriving business center anchored by a top 5% performing Walmart Supercenter with estimated annual sales nearing $200 million and a lease extending through 2031 with a 10‑year renewal option.
- Benefits from significant foot traffic due to the high‑performing Walmart and a strong lineup of national tenants.
- Existing infrastructure (sewer, water, roadways, power) is already in place, streamlining the development process.
- Comprehensive management services are provided by the current operator.
- Excellent visibility with multiple large pylon signs available.
- Proximity to St. Bonaventure University provides a steady stream of potential customers.
Overview
This 2.61+/- acre vacant land is located at 133 Independence Drive in Olean, NY, within a thriving business center anchored by a top-performing Walmart Supercenter. The Walmart location is a high performer, generating significant foot traffic. Walmart's lease extends through 2031, with an additional 10-year renewal option. The surrounding 2,000 parking spaces are frequently full. The Walmart Supercenter Plaza includes national tenants such as Home Depot, BJ's Wholesale Club with gas, AMC Theaters, Old Navy, Verizon, Bath & Body Works, GNC, Maurices, SuperCuts, Spectrum, GameStop, Pet Supplies Plus, Sally Beauty, and Shoe Show. These tenants have extended their leases to align closely with Walmart's lease expiration. Multiple large pylon signs offer visibility. The center is near St. Bonaventure University, providing a steady stream of potential customers. Existing infrastructure, including sewer, water, roadways, and power, is in place. The current operator of the business center provides comprehensive management services, including snow plowing, landscaping, parking maintenance, cleaning, lighting maintenance, and pylon sign upkeep. Olean is located in New York's Southern Tier along I-86 and is home to St. Bonaventure University and the Cutco corporate headquarters. Walmart Plaza serves as a leading shopping destination in the area. The surrounding retail landscape features ALDI, Tops, McDonald's, Marshalls, Ollie's Bargain Outlet, JoAnn Fabrics, Applebee's, and Harbor Freight. The land is zoned for commercial use. Over 16,000 AADT on W. State Street. An additional 3.71+/- acres of vacant land is available for sale.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Olean
- County
- Cattaraugus
- State
- New York
- Longitude
- -78.4583
- Latitude
- 42.0779
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 2.61+/- acre commercial land in thriving business center.
Where is this land located?
The property is located at 133 Independence Dr Olean, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Located in a thriving business center anchored by a top 5% performing Walmart Supercenter with estimated annual sales nearing $200 million and a lease extending through 2031 with a 10‑year renewal option.; Benefits from significant foot traffic due to the high‑performing Walmart and a strong lineup of national tenants.; Existing infrastructure (sewer, water, roadways, power) is already in place, streamlining the development process.
