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Two-Story Office Building
New
For Sale
$219,000

2216-2218 W State Street, Olean, NY 14760

COMMERCIAL - Olean, NY

Property Size7,382 SF
Lot Size0.50 Acres
Price / SF$29.67
Days on Market3

Property Features for 2216-2218 W State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com 1
Zoning description Commercial
Rooms Basement
Parking 24
Lot features Rectangular, Rectangular Lot
Elementary school district Olean
Middle school district Olean
High school district Olean
Subdivision Olean-City-041200
Standard status Active
APN 041200-094-063-0001-026-002-0000
Size 7,382 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 11483

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1995
Floors in Building 2
Roof type Metal
Listing Agency: Howard Hanna Professionals - Olean
Listed By: Regis Handley · License #10301215129
Added: Aug 17 Last Checked: Aug 19 at 6:06PM
MLS# R1707939

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 7,382-square-foot office building occupies a 0.5026-acre parcel at 2216-2218 W State Street in Olean. Built in 1995, the property has a distinctive two-story interior with a large front room, a ceiling that rises to the upper level, and a balcony overlooking the main space. The first floor includes two full bathrooms, a kitchen, and a storage or reception area. Three additional rooms and a full bathroom are located upstairs. The property is currently tenant occupied and being used as a residence.

Rear parking includes more than 24 spaces, while public water and public sewer serve the property. Heating is provided by natural gas and forced air, and the building has a metal roof. Com 1 zoning supports its commercial classification.

Key Highlights

  • 7,382 square feet on a 0.5026‑acre parcel
  • Com 1 zoning with office building classification
  • Located at 2216‑2218 W State Street, Olean, NY 14760

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Garden Center Home Appliance Store Barber Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned property on W State Street with flexible interior space and substantial rear parking.
Where is this office building located?
The property is located at 2216-2218 W State Street Olean, NY.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 7,382 square feet on a 0.5026‑acre parcel; Com 1 zoning with office building classification; Located at 2216‑2218 W State Street, Olean, NY 14760
More about this property
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