205 12th St Olean, NY 14760-2003
Property profile & analytics
205 12th St Olean, NY 14760-2003
- Investment properties
- 1,320 SF
- 0.12 lot acres
Property ID
US63-6250928
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Twin Tiers Contracting / General Contractor
Property Details for 205 12th St
- Year built
- 1914
- Lot size
- 0.12 lot acres
- Property size
- 1,320 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 041200 94.064-1-17.2
- APU
- 41200940641172
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Olean
- County
- Cattaraugus
- State
- New York
- Longitude
- -78.445
- Latitude
- 42.0803
- CBSA code
- 36460
- CBSA name
- OLEAN, NY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$6,000
$29,000
$35,000
-
$7,692
$37,180
$44,872
