Olean Warehouse/Distribution/Manufacturing
For Lease
$5.50 SF/Yr
1414 East State Street, Olean, NY 14760
42,000+/- SF warehouse on 8.4 acres with rail access.
Space Size276,444 SF
Lot Size8.40 Acres
Days on Market215
Property Features for 1414 East State Street
General Information
Standard status
Active
Size
276,444 SF
Lot size
8.40 Acres
Property subtype
Industrial
Lease Term
NNN
Spaces For Lease
at 1414 East State Street
1414 East State Street, Olean, NY 14760
$5.50/SF/Mo
Size
276,444 SF
Term
Negotiable
Listing Agency:
Recckio Real Estate & Development, Inc.
Listed By:
Rick Recckio · License #NY #31RE0821429
(716) 998-4422
Source:
Recckio
Added: Mar 5
Changed: Sep 19
Last Checked: Oct 5 at 3:37PM
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, Inc.
Investment Insights
Based on property information with market context.
Available for lease is a warehouse, distribution, and manufacturing facility in the Olean, NY area. The property includes over 42,000 square feet of warehouse space on an approximately 8.4-acre lot. The facility features three truck-level doors, ceiling heights ranging from 16 to 24 feet, and access to the WNY Pennsylvania Rail Road. A switch and transformer are located on-site, along with heavy industrial power, a fully sprinklered system, a rubber membrane roof, concrete floors, a back-up generator, and a security system. Additionally, there is an air-conditioned office area of over 10,000 square feet. Ample parking is available, with approximately 200 spaces. The property is suitable for manufacturing, distribution, and office use. It is strategically located with access to exit 17 of the Southern Tier Expressway (I-86), providing access to Western New York, Northern Pennsylvania, and Southern Ontario, Canada. The site has water, sewer, electricity, gas, and telephone services. Located in an Empire Zone (EZ), offering tax benefits. It is suitable for manufacturing, a distribution center, the oil and gas industry, warehousing, and storage.
Key Highlights
- Strategic location with excellent access to I‑86, central to Western NY, Northern PA, and Southern Ontario, Canada; within a day's drive of 75% of North America's population.
- Located in an Empire Zone (EZ), offering significant tax benefits.
- 42,000 +\/- sq ft of warehouse space with 16'-24' clear ceiling heights, 3 truck level doors
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 14760, NY
18,031
Population
8,917
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
277
Density / Sq Mi
$52,569
Median Household Income
$35,754
Median Earnings
$777
Median Rent
$99,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Thompson Storage — 1614 Olean-Portville Rd, Olean, NY 14760
Frequently Asked Questions
What type of property is this?
Warehouse - 42,000+/- SF warehouse on 8.4 acres with rail access.
Where is this warehouse located?
The property is located at 1414 East State Street Olean, NY.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Strategic location with excellent access to I‑86, central to Western NY, Northern PA, and Southern Ontario, Canada; within a day's drive of 75% of North America's population.; Located in an Empire Zone (EZ), offering significant tax benefits.; 42,000 +\/- sq ft of warehouse space with 16'-24' clear ceiling heights, 3 truck level doors
