Mixed-Use Building with
For Sale
$189,900
2423 ROUTE 16, Olean, NY 14760
Two-story property combines storefront commercial space with a full-floor residential apartment and on-site parking.
Property Size2,583 SF
Price / SF$73.52
Days on Market19
Property Features for 2423 ROUTE 16
General Information
Standard status
Active
Size
2,583 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$4,430
Amenities
Gas
3
Concrete
Flat
6 Parking Spaces.
Rectangular
180X180
Rectangular.
Building Details
Year Built
1960
Stories
2
Listing Agency:
Olean
(716) 307-9256
Listed By:
Howard Hanna Professionals
(716) 307-9256
Source:
Xome
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 29 at 11:40PM
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 Olean
Investment Insights
Based on property information with market context.
This two-story mixed-use property combines a first-floor storefront-style commercial area with a second-floor residential apartment. The commercial portion can support retail, office, showroom, studio, workshop, or service-oriented operations, while the apartment spans the entire upper level and includes 4 bedrooms and 2 full bathrooms. The building contains 2,583 square feet and was constructed in 1960.
Located along NYS Route 16 just outside the City of Olean, the property offers access to Olean and surrounding communities. The 180' x 180' lot includes 6 parking spaces and outdoor area, with a private well, septic system, gas, and electric utilities serving the property. The combination of commercial and residential space supports a live-work configuration or separate business and apartment use.
Located along NYS Route 16 just outside the City of Olean, the property offers access to Olean and surrounding communities. The 180' x 180' lot includes 6 parking spaces and outdoor area, with a private well, septic system, gas, and electric utilities serving the property. The combination of commercial and residential space supports a live-work configuration or separate business and apartment use.
Key Highlights
- First‑floor storefront commercial space with second‑floor apartment
- 4‑bedroom, 2‑bathroom apartment occupies the entire second floor
- 2,583 square feet in a two‑story building constructed in 1960
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
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
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story property combines storefront commercial space with a full-floor residential apartment and on-site parking.
Where is this mixed-use property located?
The property is located at 2423 ROUTE 16 Olean, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: First‑floor storefront commercial space with second‑floor apartment; 4‑bedroom, 2‑bathroom apartment occupies the entire second floor; 2,583 square feet in a two‑story building constructed in 1960
