208 Main St Olean, NY 14760-2606

This versatile Olean, NY property at 208 Main St offers a unique investment opportunity. The 3,053 square foot building sits on a 0.22-acre corner lot, ensuring high visibility and accessibility. The ground floor currently operates as a fully equipped salon suite, featuring new flooring, updated electrical systems, siding, and doors. The existing salon equipment is included in the sale, presenting a turnkey business opportunity for a buyer interested in continuing salon operations. However, the flexible layout allows for easy adaptation to various other commercial uses, such as a beauty school or boutique. Upstairs, a two-bedroom apartment provides a consistent rental income stream, currently generating between $3,500 and $4,000 in monthly rent with both units occupied. This dual-income potential makes this property an attractive investment for those seeking both commercial and residential returns. The property's location in a high-traffic area of Olean guarantees significant foot traffic and exposure, making it an ideal location for a thriving business. This property is also listed under B1570911 as a multi-family property. Don't miss this chance to acquire a profitable and adaptable commercial property in a desirable location.