3027 Nys Route 417 Olean, NY 14760
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 3027 Nys Route 417
- Year built
- 1970
- Lot size
- 0.16 lot acres
- Property size
- 4,500 SF
- Property type
- Commercial real estate
Description
This exceptional 4,500 square foot commercial building presents a remarkable opportunity in Olean, NY. Strategically located on a 0.16-acre corner lot at the intersection of Route 417 and Allegany Street, this property boasts unparalleled visibility and accessibility. Its prime location places it within a block of major retailers, including Walmart, Home Depot, BJ's Wholesale Club, Tim Horton's, Applebee's, Aspen Dental, and several other national chains, with new developments currently underway. The building itself offers a versatile layout, combining a smaller office area with extensive warehouse storage space, ideal for a variety of businesses. Two 8-foot overhead doors ensure easy access for loading and unloading, while ample outdoor space allows for the parking of approximately 20 vehicles. The property's three-phase electrical service caters to businesses with higher power demands. This is a truly exceptional investment opportunity, further enhanced by the proximity to three neighboring properties totaling approximately 1.60 acres, one of which is also a corner lot. The high traffic count and established commercial presence in the immediate vicinity guarantee significant exposure and potential for growth. Don't miss this chance to secure a prime commercial space in a thriving retail hub. Priced at $199,900.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olean
- County
- Cattaraugus
- State
- New York
- Longitude
- -78.4651
- Latitude
- 42.0766
