Prime commercial property available at the highly visible intersection of S 4th St and W State St in Olean. This 15,000+ square foot building, constructed in 1993, is situated on a 0.57-acre lot in a high-traffic area, making it an ideal location for businesses seeking maximum exposure. The property is in good overall condition, though the air conditioning units may require repair. The building features versatile commercial space suitable for retail, office, or mixed-use purposes, with a spacious rear warehouse area offering high ceilings, a mezzanine level for additional storage, and convenient loading/unloading access. This is an excellent opportunity for investors or businesses to capitalize on the property’s prime location and substantial square footage
Property Details
Price:
$499,900
MLS #:
R1559459
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Business
Neighborhood:
oleancity041200
Listed Date:
Aug 16, 2024
Finished Sq Ft:
15,320
Total Sq Ft:
15,320
Lot Size:
16,564 sqft / 0.70 acres (approx)
Year Built:
1993
See this Listing
Schools
School District:
Olean
Elementary School:
Washington West Elementary
Middle School:
Olean Middle
High School:
Olean Senior High
Interior
Cooling
Central Air
Flooring
Concrete, Hardwood, Varies, Carpet
Heating
Gas, Central, Forced Air
Levels
One
Exterior
Building Features
Drive In Doors, Office, Pole Sign, Public Restrooms
Lot Features
Irregular Lot
Parking Features
On Site, Surfaced
Parking Spots
20
Parking Total
20
Roof
Flat, Membrane, Rubber
Stories
1
Financial
Taxes
$26,315
Map
Community
- Address417 West State Street Olean NY
- CityOlean
- CountyCattaraugus
- Zip Code14760
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
- 417 West State Street Olean NY is a Commercial for sale in Olean, NY, 14760. It is listed for $499,900
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Courtesy of Howard Hanna Professionals – Olean. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 417 West State Street
Olean, NY