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Flex Space with Four-Bay Garage
For Sale
$155,000

1646 Nys Rte 417, Olean, NY 14760

CommercialSale, Olean, NY

Property Size3,320 SF
Lot Size0.24 Acres
Price / SF$46.69
Days on Market117

Property Features for 1646 Nys Rte 417

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com 1
Zoning description Commercial
Parking 10
Lot features Rectangular, Rectangular Lot
Elementary school district Olean
Middle school district Olean
High school district Olean
Subdivision Olean- Town-046600
Standard status Active
APN 046600-094-076-0001-053-000-0000
Size 3,320 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 3297

Utilities

Sewer type Septic Tank
Heating system Forced Air, Oil
Water source Public

Building Details

Year built 1950
Floors in Building 1
Flooring type Concrete
Roof type Rubber, Membrane
Listing Agency: Howard Hanna Professionals - Olean
Listed By: Regis Handley · License #10301215129
Added: Jun 1 Changed: Sep 12 Last Checked: Sep 25 at 5:06AM
MLS# R1686415

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-building commercial property includes a 1,518-square-foot main building and a 1,802-square-foot rear garage. The main building contains three separate rooms, a half bathroom, concrete flooring, and large front display windows. It previously operated as a welding supply store and is zoned Com 1. Oil and forced-air heating serve the property.

The rear structure provides four garage bays and a loading dock, with a layout suited to storage, warehousing, distribution, equipment maintenance, fabrication, light manufacturing, or service operations. The property totals 3,320 square feet on 0.241 acres at 1646 NYS Rte 417 in Olean, NY. Public water and a septic tank serve the site, and the roof systems include membrane and rubber materials.

Key Highlights

  • 3,320 square feet across two commercial buildings
  • 1,518‑square‑foot main building with three rooms and a half bathroom
  • 1,802‑square‑foot rear garage with four bays and a loading dock

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Restaurant Nail Salon Kitchen & Bath Showroom Plumbing Service Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-building commercial property combining customer-facing display space with a rear garage and loading dock.
Where is this flex space located?
The property is located at 1646 Nys Rte 417 Olean, NY.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 3,320 square feet across two commercial buildings; 1,518‑square‑foot main building with three rooms and a half bathroom; 1,802‑square‑foot rear garage with four bays and a loading dock
More about this property
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