Search
Mixed-Use Property with Warehouse
For Sale
$499,900

417 W State Street, Olean, NY 14760

CommercialSale, Olean, NY

Property Size15,320 SF
Lot Size0.70 Acres
Price / SF$32.63
Days on Market781

Property Features for 417 W State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Parking 20
Parking features Paved or Surfaced
Lot features Irregular Lot
Elementary school Washington West Elementary
Middle school Olean Middle
High school Olean Senior High
Elementary school district Olean
Middle school district Olean
High school district Olean
Directions On the corner of West State Street and South 4th Street.
Subdivision Olean-City-041200
Standard status Active
APN 041200-094-065-0011-044-001-0000
Size 15,320 SF
Lot size 0.70 Acres

Taxes and HOA fees

Tax Annual Amount 26315

Utilities

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

Building Details

Year built 1993
Floors in Building 1
Flooring type Hardwood, Concrete, Varies, Carpet
Roof type Membrane, Flat, Rubber
Listing Agency: Howard Hanna Professionals - Olean
Listed By: Paul Pezzimenti · License #10301214758
Added: Aug 16, 2024 Changed: Sep 16 Last Checked: Oct 5 at 12:06AM
MLS# R1559459

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 mixed-use commercial property includes a 15,320-square-foot building constructed in 1993. The layout combines versatile commercial space with a substantial rear warehouse area featuring high ceilings, a mezzanine for storage, and loading and unloading access. Flooring varies among concrete, hardwood, carpet, and other finishes. Heating is provided by natural gas, central, and forced-air systems, while cooling is served by central air. The property is in generally good condition, although the air-conditioning units may require repair.

Located at 417 W State Street in Olean, the building occupies a visible corner at S 4th St and W State St. The site has paved or surfaced parking and access to public water and public sewer. A flat membrane roof completes the building improvements.

Key Highlights

  • 15,320‑square‑foot mixed‑use commercial building
  • Constructed in 1993
  • Rear warehouse area with high ceilings and mezzanine storage

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Mixed-use properties

Suggested Use

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

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

808
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial building with flexible space, rear warehouse capacity, mezzanine storage, and loading access.
Where is this mixed-use property located?
The property is located at 417 W State Street 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: 15,320‑square‑foot mixed‑use commercial building; Constructed in 1993; Rear warehouse area with high ceilings and mezzanine storage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again