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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage

230 Clinton St Olean, NY 14760

90,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 90,000-square-foot refrigerated warehouse/cold storage facility in Olean, New York presents a significant investment opportunity. Located at 230 S Clinton St, this three-story building sits on a 1.79-acre lot in Cattaraugus County (zip code 14760). The property features nine dock-high doors (four on Clinton Street and five on Barry Street), providing ample loading and unloading capacity. Significant recent capital improvements include a new 800-square-foot office, a state-of-the-art $63,000 alarm/camera system, an office addition (completed in 2008 at a cost exceeding $153,000), a new roof on the building's rear section, infrared heating at the entrance, a renovated basement, a repaired elevator, a new fence and gate on the Clinton Street side, updated lighting, a new 14'x14' drive-in door, new insulation in the shop area, a new steel front entrance door, and new concrete along the building's front. The first floor encompasses approximately 78,000 square feet, while the second and third floors each offer approximately 6,000 square feet of space. The property also benefits from a 0.86-acre gravel parking lot across the street. The building is zoned for industrial use and is ideally situated in a desirable neighborhood. The Olean Industrial Development Agency offers an on-the-job training program with partial wage reimbursement for employees, further enhancing the property's appeal. This is a truly remarkable opportunity for a business seeking a well-maintained, expansive, and strategically located cold storage facility.

Property profile
Verified
Property type Refrigerated & Cold Storage
Total area 90,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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