MP Home Team

2646 Rt-16 Way North
Olean, NY, 14760
$500,000
Beds
0 Baths
60,840 SqFt
1.4 Acres
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MLS #R1663469 image #0
Auto Repair Shop-Do not miss this incredible established business/investment opportunity, which has been in service for 23 years, and to purchase a successful 9,600 square foot auto repair shop located on NYS RTE. 16, with high visibility, high traffic count, and 40+ surfaced parking spaces on both sides of the shop and in front. Has 2 ten foot overhead bay doors with two car lifts. Take advantage of this freestanding turnkey cash-flowing commercial asset with an attached office/main lobby that is ideal for customer intake and waiting room. There is also a utility/storage room at the back of the main office/lobby area with attached Semi Trailer for extra storage. There’s a half bath, pellet stove for backup heat, water tank and breaker box. The garage area is heated with a forced air overhead blower. Equipment, tools, Office furniture, Exhaust inventory, and NYS Inspection Machine, and more, will transfer upon purchase. Ask for the list of Equipment that will transfer. Also, established repeat customer list will be transferred. There are two lots totaling 1.4 acres. The back vacant lot has an extra septic that has not been used for some time. There used to be two mobile homes on the back lot. No underground storage tanks. Electric hot water tank Rubber roof is 20 years old. Seller will allow new owner to keep the name if they want to and will stay on to help with getting them established if needed.

Property Details

Price:
$500,000
MLS #:
R1663469
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
oleantown046600
Listed Date:
Feb 23, 2026
Finished Sq Ft:
60,840
Total Sq Ft:
60,840
Lot Size:
60,840 sqft / 1.40 acres (approx)
Year Built:
1950
Olean- Town-046600Oleantown046600Hinsdale

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Schools

School District:
Hinsdale

Interior

Cooling
Other, See Remarks
Flooring
Concrete
Heating
Oil, Other, See Remarks, Forced Air
Levels
One

Exterior

Building Features
Office, Phone System, Private Restrooms, Pole Sign
Lot Features
Rectangular, Rectangular Lot
Parking Features
Surfaced
Parking Spots
40
Parking Total
40
Roof
Membrane, Rubber
Security Features
Intercom
Stories
1

Financial

Taxes
$2,335

Map

Community

Market Summary

Current real estate data for Commercial in Olean as of Jul 18, 2026
9
Commercial Listed
168
Avg DOM
51
Avg $ / SqFt
$300,967
Avg List Price

Property Summary

    2646 Rt-16 Way North Olean NY is a Commercial for sale in Olean, NY, 14760. It is listed for $500,000

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