1507 East State Street
Olean-City, NY, 14760
$149,900
1 Beds
1 Baths
1,320 SqFt
0.29 Acres
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Imagine what can be done with this multi-use property! This property has gone through many changes and its history of multi-uses includes single family dwelling, apartments, office space and an abundance of small business opportunities. Currently, the property is used as a small engine sales, service and repair shop, with the house including a one bedroom apartment, and first floor office space (currently under construction which has been halted for new owner to decide direction of its use and potential). The full basement has its own entrance and was used as storage space. There is an abundance of parking for the shop, retail spaces and tenants. There is over 1600 square feet of usable ground floor space for your business, or hobbies and interests. The 1200 square foot barn with additional 1200 square feet of second floor space, has seen many uses such as a produce market, classic auto repair garage, its current use and more. Nearby businesses include coffee shops, restaurants, small grocery, landscaping, auto and recreational dealerships… The property is located between downtown Olean and Portville, NY near Westons Mills on on East State Street (Route 417 known as one of the states longest highways) which is historically significant as a major thoroughfare and hub for the oil and lumber industry, this street is still regarded as one of the most traveled roads in region, it remains vibrant and makes this property visible and ultimately accessible. The property with house and buildings is being sold as-is, with any equipment, products, parts/accessories and other business related materials being removed or sold separately.
Also being sold as Commercial/Industrial Listing MLS# R1599179

Property Details

Price:
$149,900
MLS #:
R1599248
Status:
Active
Beds:
1
Baths:
1
Address:
1507 East State Street
Type:
Single Family
Subtype:
MixedUse
Neighborhood:
Olean-City-041200
City:
Olean-City
Listed Date:
Apr 18, 2025
State:
NY
Finished Sq Ft:
1,320
Total Sq Ft:
1,320
ZIP:
14760
Lot Size:
12,630 sqft / 0.29 acres (approx)
Year Built:
1910
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Schools

School District:
Olean

Interior

Appliances
Gas Water Heater
Bathrooms
1 Full Bathroom
Flooring
Carpet, Laminate, Varies, Vinyl
Heating
Gas, Baseboard, Hot Water
Laundry Features
Washer Hookup

Exterior

Construction Materials
Aluminum Siding, Attic Crawl Hatchways Insulated, Blown In Insulation, Brick, Block, Concrete, Vinyl Siding, Wood Siding, Copper Plumbing
Exterior Features
Fully Fenced
Parking Features
Garage, Gravel, Parking Available, Two Or More Spaces
Roof
Asphalt, Shingle

Financial

Taxes
$2,783

Map

Community

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1507 East State Street
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