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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1425 Olean-Portville Rd Olean, NY 14760

2,248 SF 0.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1425 Olean-Portville Rd in Olean, NY 14760, presents a unique investment opportunity. The 2,248+/- square foot building sits on a 0.12-acre lot (148' x 225') and is zoned for commercial use. Previously a well-established pet shop for over 50 years, this single-story building offers immense potential for various retail or office uses. Key features include high visibility due to main road frontage and prominent signage, large storefront windows ideal for displays, and a full basement providing ample storage space. The property boasts a fenced rear yard. The asking price is $129,000, translating to $84.48 per square foot. The gross lease rate is $2,495 per month. This is a turnkey opportunity to establish your own business or lease to a tenant. The property's history as a long-standing business adds to its appeal and potential for continued success. This is a Class C property with a single tenancy. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,248 SF
Lot 0.12 ac (5,227 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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