Property summary
This exceptional 1,990-square-foot commercial property, located at 855 East State Street in Olean, New York, presents a remarkable opportunity for retail or restaurant businesses. The building sits on a 0.36-acre lot and boasts 12 convenient parking spaces, ensuring ample customer access. Currently entirely vacant, this space offers immediate occupancy for a new tenant. The property features an existing drive-thru, a significant advantage for quick-service restaurants or businesses requiring convenient customer pick-up. Its strategic location on the highly trafficked East State Street places it within a vibrant commercial district, surrounded by a diverse range of amenities including other restaurants, gas stations, national and local retailers, and banks. The property's zoning is General Commercial, providing flexibility for a variety of uses. The building's proximity to North Union Street (just 1.4 miles away) further enhances its accessibility and visibility. This property is ideal for a restaurant, bar, or small retail store seeking a prominent location in a thriving community. The entire 1,990 square feet is available for sale or lease, presenting a unique opportunity to establish or expand a business in a prime Olean location. Cattaraugus County location and 14760 zip code.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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