1020 State St Olean, NY 14760
- Commercial land
- 1,432 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1020 State St
- Year built
- 1940
- Lot size
- 0.25 lot acres
- Property size
- 1,432 SF
- Property type
- Commercial land
- APN
- 041200 94.075-2-3
- APU
- 412009407523
Description
This 2,500 square foot industrial warehouse, built in 1910 and renovated in 2014, sits on a 0.91-acre lot in Olean, NY (14760). Located at 1020 E State St, the property boasts approximately 190 feet of frontage on E. State St. and additional access via Grossman Ave. Currently zoned industrial, this single-story building offers versatile space, previously used as a boat storage and maintenance shop. The interior includes two small offices and a bathroom, with the majority of the space dedicated to open warehouse area. While the building features multiple loading docks at the rear, they are not currently in use. This property benefits from its convenient location near Route 417, minutes from Route 16 and the I-86 New York State Thruway, providing easy access to various transportation routes. Its proximity to restaurants, businesses, and residential areas in downtown Olean adds to its appeal. The asking price is $299,999, translating to $120 per square foot. This represents a unique opportunity for businesses seeking a well-situated industrial space with significant street frontage. The property comprises three separate parcels.
Value Estimation
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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
- -78.4099
- Latitude
- 42.0746
- CBSA code
- 36460
- CBSA name
- OLEAN, NY MICROPOLITAN STATISTICAL AREA
