205 12th St Olean, NY 14760-2003

This exceptional 1,320 square foot storefront at 205 North 12th Street in Olean, New York, presents a unique investment opportunity. Located in the heart of downtown Olean, this single-story, Class C building boasts a desirable location with high visibility. Built in 1914, the property sits on a 0.12-acre lot and is zoned for commercial use under a grandfather clause. The building features large display windows ideal for showcasing merchandise, and a convenient 9' x 8' drive-in access at the rear. Currently occupied by a long-term tenant under a month-to-month lease, this provides immediate income potential for investors. The tenant is willing to remain, offering flexibility for both owner-occupancy or continued rental income. Priced at $74,900 ($56.74 per square foot), this property is an excellent choice for a variety of uses, including retail, office space, or storage. The property's strong location and versatile layout make it an attractive investment for both seasoned investors and first-time buyers. Don't miss this chance to own a piece of downtown Olean. The sale is offered as a For Sale By Owner transaction.