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    Olean, NY
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    Olean, NY Retail Space for Sale

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    Olean Retail Property For Sale
    Updated: Apr 16, 2025
    Olean Retail Property For Sale

    1316-1322 W State St, Olean, NY

    $1,482,800
    11,440 sqft 0.68 AC lot
    No landlord responsibilities
    Tenant pays utilities, taxes, and maintains all aspects of the premises
    Corporate guaranty on lease
    10‑year initial term
    Two 5‑year options
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    This listing looks promising.

    Here's a quick look at some key insights for

    1316-1322 W State St, Olean, NY

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $104K
      Annual

    • Price @ 7% Cap

      $1.48M
      Suggested
    View Property Analytics
    Flex Space and Garage Complex
    Updated: Jun 1
    Flex Space and Garage Complex

    1646 Nys Rte 417, Olean, NY 14760

    $175,000
    3,320 sqft 0.24 AC lot
    Two‑building commercial property: 1,518 SF main building plus 1,802 SF four‑bay garage behind it
    Main building previously operated as a welding supply store with three separate rooms, half bath, and large front display windows
    Four‑bay garage includes a loading dock for storage, warehousing, distribution, equipment maintenance, fabrication, or light manufacturing
    High‑traffic, high‑visibility frontage with customer/passing‑traffic exposure from the main building’s large front windows
    Utilities include public water and septic tank sewer; heating is forced air with oil
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    Mixed-Use Building with Parking
    Mixed-Use Building with Parking

    1305 W State Street, Olean, NY 14760

    $165,000
    6,680 sqft 0.40 AC lot

    First-floor retail or office space plus rental units, with an additional rear lot providing several parking spaces.

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    Flex Warehouse Building
    Flex Warehouse Building

    417 W State Street, Olean, NY 14760

    $499,900
    15,320 sqft 0.70 AC lot

    Built in 1993, this flexible commercial building includes rear warehouse space with high ceilings and a mezzanine.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Versatile Commercial Building in Olean
    Versatile Commercial Building in Olean

    417 W State St, Olean, NY 14760

    $499,900
    15,000 sqft 0.70 AC lot

    15,000+ sq ft building on 0.57-acre lot for sale.

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    Flex Space with Retail Frontage
    Flex Space with Retail Frontage

    1646 Olean Portville Rd, Olean, NY 14760

    $175,000
    3,320 sqft

    Two-building flex setup combines customer-facing frontage with a rear four-bay garage and loading dock.

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    Mixed-Use Building in Downtown Olean
    Mixed-Use Building in Downtown Olean

    309 N Union St, Olean, NY 14760

    $279,900

    Mixed-use property with commercial space and residential potential in downtown.

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    Mixed-Use Property in West Olean
    Mixed-Use Property in West Olean

    1305 W State St, Olean, NY 14760

    $165,000

    Commercial property with retail/office space and rental units.

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    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 8 Active listings in Olean, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hinsdale Commercial Property on Route 16
    Hinsdale Commercial Property on Route 16

    Ischua, NY

    $199,999
    3,766 sqft 0.62 AC lot

    Commercial property with two buildings, ideal for various businesses.

    View details
    Historic Building in Ellicottville Village
    Historic Building in Ellicottville Village

    1 Washington St, Ellicottville, NY 14731

    $1,150,000

    Historic 1887 building in the heart of Ellicottville, New York.

    View details
    Historic Office and Retail Building
    Historic Office and Retail Building

    1-7 Washington St. Washington, Ellicottville, NY 14731

    $1,150,000
    19,974 sqft

    Historic two-floor studio building with large windows and full basement, including outside access to an indoor parking garage.

    View details
    Hinsdale Commercial Property on Route 16
    Hinsdale Commercial Property on Route 16

    Ischua, NY 14743

    $199,999

    Commercial property with two buildings on 0.78+/- acres.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Olean, NY

    Consider similar Off-Market properties in Olean, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    316 State St
    RETAIL STORES (PERSONAL SERVICES)

    316 State St, Olean, NY 14760-2540

    Value Estimation by Request
    10,256 sqft 0.25 AC lot
    View details
    2330 State St
    RETAIL STORES (PERSONAL SERVICES)

    2330 State St, Olean, NY 14760-1900

    Value Estimation by Request
    1,988 sqft 0.27 AC lot
    View details
    2727 State St
    RETAIL STORES (PERSONAL SERVICES)

    2727 State St, Olean, NY 14760-1826

    $2,285,000
    Estimated value
    5,845 sqft 0.94 AC lot
    View details
    1469 Olean Portville Rd
    RETAIL STORES (PERSONAL SERVICES)

    1469 Olean Portville Rd, Olean, NY 14760-9404

    Value Estimation by Request
    5,236 sqft 1.70 AC lot
    View details
    1120 State St
    RETAIL STORES (PERSONAL SERVICES)

    1120 State St, Olean, NY 14760-2134

    Value Estimation by Request
    5,243 sqft 0.17 AC lot
    View details
    206 Main St
    RETAIL STORES (PERSONAL SERVICES)

    206 Main St, Olean, NY 14760-2606

    Value Estimation by Request
    2,722 sqft 0.24 AC lot
    View details
    1511 State St
    RETAIL STORES (PERSONAL SERVICES)

    1511 State St, Olean, NY 14760-3819

    $1,125,000
    Estimated value
    9,100 sqft 1.45 AC lot
    View details
    2380 Constitution Ave
    RETAIL STORES (PERSONAL SERVICES)

    2380 Constitution Ave, Olean, NY 14760-1840

    $515,000
    Estimated value
    12,584 sqft 1.65 AC lot
    View details
    324 State St
    RETAIL STORES (PERSONAL SERVICES)

    324 State St, Olean, NY 14760-2540

    Value Estimation by Request
    2,592 sqft 0.30 AC lot
    View details
    313 State St
    RETAIL STORES (PERSONAL SERVICES)

    313 State St, Olean, NY 14760-2539

    Value Estimation by Request
    3,696 sqft 0.11 AC lot
    View details
    3505 Rte 16th N
    RETAIL STORES (PERSONAL SERVICES)

    3505 Rte 16th N, Olean, NY 14760

    Value Estimation by Request
    1,440 sqft 0.11 AC lot
    View details
    1624 State St
    RETAIL STORES (PERSONAL SERVICES)

    1624 State St, Olean, NY 14760-3355

    Value Estimation by Request
    16,728 sqft 1.50 AC lot
    View details
    307 State St
    RETAIL STORES (PERSONAL SERVICES)

    307 State St, Olean, NY 14760-2539

    Value Estimation by Request
    5,332 sqft 0.10 AC lot
    View details
    2601 State St
    RETAIL STORES (PERSONAL SERVICES)

    2601 State St, Olean, NY 14760-1824

    Value Estimation by Request
    2,580 sqft 0.10 AC lot
    View details
    683 State St
    RETAIL STORES (PERSONAL SERVICES)

    683 State St, Olean, NY 14760-2934

    Value Estimation by Request
    2,432 sqft 0.09 AC lot
    View details
    601 State St
    RETAIL STORES (PERSONAL SERVICES)

    601 State St, Olean, NY 14760-2914

    Value Estimation by Request
    2,408 sqft 0.38 AC lot
    View details

    Olean, NY Retail Space Market Trends and Statistics

    Explore 32 retail space for sale in Olean, NY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 55,080 square feet of properties for sale, with an estimated market value of $2,997,600.

    Sale prices for retail space in Olean, NY start at $165,000, averaging $499,600, and reaching up to $1,482,800 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 6
    Shopping centers 4
    Auto shops 1
    Automotive properties 1
    Showrooms 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) -4.9%
    Median Household Income $52,569
    College Educated 40.2%

    High-Yield Neighborhoods for Investment

    Identify Olean submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14760 $274.2K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cattaraugus County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cattaraugus County

    Retail

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