1425 Olean-Portville Rd Olean, NY 14760
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.