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Versatile Commercial Building in Olean
For Sale
$499,900

417 W State St, Olean, NY 14760

15,000+ sq ft building on 0.57-acre lot for sale.

Property Size15,000 SF
Lot Size0.70 Acres
Price / SF$33.33
Days on Market163

Property Features for 417 W State St

General Information

Standard status Active
Size 15,000 SF
Lot size 0.70 Acres
Property subtype Commercial

Building Details

Year Built 1993
Listing Agency: Howard Hanna Holt Real Estate
Listed By: Dennis B. Pezzimenti · License #10301214758
Source: Elliman
Added: Mar 11 Changed: Jul 6 Last Checked: Aug 20 at 7:38AM

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 Howard Hanna Holt Real Estate

Investment Insights

Based on property information with market context.

Located at the intersection of S 4th St and W State St in Olean, this commercial property offers a 15,000+ square foot building constructed in 1993. Situated on a 0.57-acre lot within a high-traffic area, the property provides significant visibility. The building is in good overall condition, although the air conditioning units may require repair. The versatile commercial space is suitable for retail, office, or mixed-use purposes. A spacious rear warehouse area includes high ceilings and a mezzanine level for additional storage, along with convenient loading and unloading access.

Key Highlights

  • Prime location at a highly visible intersection (S 4th St and W State St)
  • Substantial square footage: 15,000+ sq ft building
  • Versatile commercial space suitable for retail, office, or mixed‑use

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Daycare Center Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

809
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 15,000+ sq ft building on 0.57-acre lot for sale.
Where is this mixed-use property located?
The property is located at 417 W State St Olean, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Prime location at a highly visible intersection (S 4th St and W State St); Substantial square footage: **15,000+ sq ft building**; Versatile commercial space suitable for retail, office, or mixed‑use
More about this property
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