310 State St, Olean, NY 14760-3659

This remarkable three-story building, constructed in 1929, presents a unique investment opportunity in the heart of Olean, NY. The property encompasses 6,768 square feet of space, including a stunning mezzanine, offering exceptional versatility for a wide range of commercial uses. The main building features approximately 4,548 square feet of usable space on the first two floors, with additional space available in the basement and third floor. Adding to its appeal is a two-car garage with a driveway, and an adjacent parcel of land offering potential for expanded parking. Situated on a 0.19-acre lot, this property benefits from its prime downtown location, offering excellent visibility and accessibility. While priced affordably at $126,500, prospective buyers should note that the building requires some renovation. Specifically, the hot water baseboard heating system has a leak in an unidentified pipe, resulting in a lack of heat at present. Showings are available starting Monday, January 20, 2025. While historically significant in its architecture and location, the building is not officially listed as a historical landmark.