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Freestanding Auto Repair Shop
For Sale
$500,000

2646 Rt-16 Way N, Olean, NY 14760

COMMERCIAL - Olean, NY

Property Size60,840 SF
Lot Size1.40 Acres
Price / SF$8.22
Days on Market178

Property Features for 2646 Rt-16 Way N

General Information

Property type Commercial Sale
Property subtype Other
Zoning 455
Parking 40
Parking features Paved or Surfaced
Lot features Rectangular, Rectangular Lot
Elementary school district Hinsdale
Middle school district Hinsdale
High school district Hinsdale
Directions From Olean, go past the hospital on NYS RTE. 16, and keep going you will see the SAGES AUTOMOTIVE on the right hand side. Signage in the front window. GPS will take you there as well.
Subdivision Olean- Town-046600
Standard status Active
APN 046600-085-019-0001-058-001-0000
Size 60,840 SF
Lot size 1.40 Acres

Taxes and HOA fees

Tax Annual Amount 2335

Utilities

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

Building Details

Year built 1950
Floors in Building 1
Number of units 1
Flooring type Concrete
Roof type Rubber, Membrane
Listing Agency: Century 21 Turner Brokers · Century 21 Real Estate
Listed By: Thomas Turner · License #10311200036
Added: Feb 23 Changed: Aug 19 Last Checked: Aug 20 at 12:06PM
MLS# R1663469

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 freestanding auto repair facility has operated for 23 years and includes a customer lobby with attached office space, a utility and storage room, and a half bath. The service area is heated by a forced-air overhead blower and includes two 10-foot overhead bay doors and two car lifts. Equipment, tools, office furniture, exhaust inventory, and a NYS Inspection Machine are included in the transfer, along with an established repeat-customer list. An attached semi trailer provides additional storage.

The property consists of two lots totaling 1.4 acres at 2646 Rt-16 Way N in Olean, NY. More than 40 surfaced parking spaces are positioned around the building, and the site has frontage along NYS RTE. 16. Public water and public sewer serve the property. Additional features include a pellet stove for backup heat, an electric hot water tank, a rubber membrane roof, and no underground storage tanks. The rear lot includes an unused septic system and previously contained two mobile homes.

Key Highlights

  • Two 10‑foot overhead bay doors with two car lifts
  • More than 40 surfaced parking spaces on two lots
  • Two lots totaling 1.4 acres along NYS RTE. 16

Property Analytics

Current Use

Auto shops

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby
Well-served
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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Sage's Automotive 2646 NY-16, Olean, NY 14760
  • Paul Brown Chevrolet 2808 NY-16, Olean, NY 14760

Frequently Asked Questions

What type of property is this?
Auto shop - Established automotive facility with service bays, customer reception space, paved parking, and transferable equipment.
Where is this auto shop located?
The property is located at 2646 Rt-16 Way N 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: Two 10‑foot overhead bay doors with two car lifts; More than 40 surfaced parking spaces on two lots; Two lots totaling 1.4 acres along NYS RTE. 16
More about this property
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