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Renovated Plaza with Redevelopment Potential
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3864 West State Street - Route 417, Allegany, NY 14706

21.44-acre site with 100,500-SF plaza, flexible lease terms.

Space Size2,500 SF - 25,187 SF
Days on Market268

Property Features for 3864 West State Street - Route 417

General Information

Standard status Active
Size 2,500 SF - 25,187 SF
Property subtype Retail

Spaces For Lease

at 3864 West State Street - Route 417 Contact us

3864 West State Street - Route 417

Size
17,563 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

3864 West State Street - Route 417

Size
2,500 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

3864 West State Street - Route 417

Size
25,187 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Recckio Real Estate & Development
Listed By: Rick Recckio · License #NY #31RE0821429
Source: Recckio
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 19 at 6:26AM

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

Investment Insights

Based on property information with market context.

This 21.44+/- acre site features a recently renovated 100,500+/- SF plaza with redevelopment potential. The property is well-suited for retail, credit tenant warehouse, wholesale distribution, office, medical, hospitality, and light industrial uses. The former K-Mart and Tractor Supply location offers flexible lease terms and the possibility to subdivide. Current renovations include new storefronts, roof, electrical, and mechanical systems. The developer offers build-to-suit options with a minimum square footage of 2,500+/-. Two outparcels are available for lease, with ground lease or build-to-suit options. The property has a ceiling height of 13'. It is adjacent to Exit 24 of New York State Route 86 Southern Tier Expressway and offers high visibility and excellent location. It is in close proximity to St. Bonaventure University, Tops Supermarket, Aldi Foods, Walmart, Home Depot, Staples, Harbor Freight, McDonalds, Burger King and Olean Mall, with easy access to the interstate highway system.

Key Highlights

  • Newly renovated 100,500+\/- SF Plaza with new storefronts, roof, electrical, and mechanicals.
  • Excellent location adjacent to Exit 24 of New York State Route 86 (Southern Tier Expressway) with high visibility.
  • Flexible lease terms and build‑to‑suit options available, with a minimum of 2,500+\/- SF.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 14706, NY

5,910
Population
2,828
Households
2.1
Avg Household Size
47
Median Age
35%
College-Educated
94%
High-School Grad
81.1 sq mi
ZIP Area
73
Density / Sq Mi
$76,029
Median Household Income
$48,518
Median Earnings
$789
Median Rent
$170,300
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
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Frequently Asked Questions

What type of property is this?
Shopping center - 21.44-acre site with 100,500-SF plaza, flexible lease terms.
Where is this shopping center located?
The property is located at 3864 West State Street - Route 417 Allegany, NY.
What are key features of this property?
This property features: Newly renovated 100,500+\/- SF Plaza with new storefronts, roof, electrical, and mechanicals.; Excellent location adjacent to Exit 24 of New York State Route 86 (Southern Tier Expressway) with high visibility.; Flexible lease terms and build‑to‑suit options available, with a minimum of 2,500+\/- SF.
More about this property
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