Courtesy: Howard Hanna Professionals
716-372-1155
Discover endless possibilities with this unique downtown Olean property, situated ideally in the heart of the city's vibrant, walkable district. Boasting two well-maintained buildings and three versatile storefronts, this prime location offers unparalleled visibility and foot traffic, making it an entrepreneur's dream. The buildings feature stone facades, high ceilings, large display windows, and garage space, which are great for storefronts and functionality. With the potential for residential conversion on the upper floors, imagine chic loft apartments or stylish studio spaces catering to urban dwellers. Enjoy the convenience of a pedestrian-friendly location, with local shops, restaurants, and parks nearby. This property represents a rare investment opportunity with significant growth potential. Don't miss your chance to own a piece of downtown Olean's real estate. Sale includes both 405 and 413 N Union St
Courtesy: Howard Hanna Professionals
716-372-1155
A promising investment opportunity indeed! The fact that all units are currently occupied with long-term tenants is a great sign of stability and potential steady income. The mix of commercial and residential units offers diversification, and the location in downtown Olean with high foot traffic adds to its attractiveness. The updated utilities and renovations should help minimize maintenance costs and attract tenants in the future. The presence of a full basement for storage is another asset, as it adds value to the property. Moreover, being part of the Downtown Revitalization Initiative could bring additional benefits such as grants or incentives for further improvements or development projects in the area, potentially increasing the property's value over time. This is a promising investment opportunity with multiple avenues for growth and stability.
Courtesy: ERA Team VP-Olean
716-372-2234
TURN KEY BUSINESS WITH NEWLY RENOVATED APARTMENT UPSTAIRS! Calling all veterinarians that want their own business! Now is your chance to make your dreams come true! Pay off all student loans in a short time period by owning this profitable hometown business. Owner retired after serving the community for many years and now is ready to turn it over to the next dedicated veterinarian. "Like new" state of the art medical equipment stays with the building. Owner providing accounting to show what a worth while investment this is! Sold " AS IS". Proof of funds required for showing appointment.
Courtesy: Premier Listings Real Estate
716-379-8383
SALON OWNERS!!! INVESTORS!!!! Here's an Excellent Opportunity for you! 2 for the Price of 1! Prime Location!! Commercially Zoned, Next Door to a Hotel, Across from Wal-Mart and all the Box Stores on the Busy Route 417W Corridor, here are 2 Buildings Available For You With Endless Possibilities! Pok's Full Service Salon, in Business for over 25 years, is now ready for You to Take It Over! The Salon is Turn-Key ready to Start Business Right Up! She's willing to not only let her Equipment, Inventory & Everything Else Go with the Sale, she will even Share Her Book with the Incoming Buyer! Are you Currently Leasing a Space but want to Invest In Yourself? Here's the Perfect Opportunity! The 3 Bedroom House out front of the Salon is currently Rented, Bringing in $1200/month! That can pay for your Bank Note while Starting your Own Business and Renting out chairs for yourself! There are 4 Hair Stations, 2 Sinks, A Waxing Station, Nail Station and So Much More! Location is Everything...and this has it all!
Courtesy: RE/MAX On Point
716-373-7325
Great commercial building for sale right in the heart of downtown Olean. 3 stories to create whatever you want on each floor! The brick walls have been sandblasted and the building has been gutted and cleaned out. It is located in a very high traffic area. Location is phenomenal and is close to Community Bank and several other successful businesses! Opportunity to put 2 apartments on the top two floors and run a business on the first floor. The possibilities are endless!!
Courtesy: Howard Hanna Professionals
716-372-1155
Step into the heart of Olean with this exceptional real estate opportunity—a sprawling, more than 10,000-square-foot building with a storied history and boundless potential. Currently housing a dry cleaning business that has impeccably served Olean and its surrounding areas for 105 years, this property is a testament to enduring success and community trust. Beyond its current operation, the building unfolds into a labyrinth of possibilities, featuring several rooms and generous storage spaces. This architectural gem is a blank canvas for entrepreneurs and businesses aiming to make their mark in a vibrant location. Its ample room for expansion is a rare find, offering the flexibility to tailor the space to a wide array of business ventures, from retail to offices, or even a boutique manufacturing hub. Located in the bustling heart of Olean, the property benefits from high foot traffic and visibility, making it an attractive spot for established businesses looking to grow and new ventures seeking a prominent position. The combination of its historical significance, coupled with the adaptability of its space, presents a unique opportunity to investors.
Courtesy: ERA Team VP Real Estate
716-372-2234
Great investment opportunity! TWO Commercial fronts (One occupied at this time). Four upper apartments all occupied. Highly visible and located on West State Street. This 6 unit Commercial / Residential building features 6100 sqft of opportunity! NEW Roof 2022. Some new windows. Upper four rentals total 3060 sqft. One 2bed1bath and three 1bed1bath Off street parking with 3-4 spaces in the rear. Don't miss this opportunity to feature your own business while having rental oncome or commercial investment.
Courtesy: Howard Hanna Professionals
716-372-1155
Introducing the epitome of a turnkey business opportunity – the Cornerstone Convenience Store! This family-run gem, situated in a prime location, is more than just your typical convenience store. It also boasts a full food menu that caters to all-day cravings, from breakfast, lunch and dinner options, this establishment has become a beloved destination for both locals and passersby. This store also hosts an extensive selection of beverage options along with the convenience of a can/bottle return center. Additionally, the 2-bedroom upstairs apartment can be re-established with some TLC to provide an additional source of income. All equipment required to run the business effectively is included in the sale. The current ownership is willing to provide training and assistance to ensure a seamless handover. This business is set for ambitious entrepreneurs looking to shape their financial future and build upon an already thriving operation. Don't miss the chance to make this business your own!
Courtesy: Howard Hanna WNY Inc.
716-699-4695
Looking for a real estate investment property? This is it. one block from JCC in Olean. On a quiet neighborhood street with parking in the rear of the property. Seller is in process of updating. Price is negotiable if buyer wants to finish updates. 5 units, with great long-term tenants in 3 units. upper two units are in update mode. brings total bedrooms to 8. Potential rental income is approx. $3750 per month. Sq Ft was measured by seller and is different from the county records.
Courtesy: Premier Listings Real Estate
716-379-8383
This property was previously used as a medical office building, however this building could be used for a variety of Purposes!!!! Currently the majority of this mutli functional 9,362 sq ft building has been divided into a large treatment room, several smaller treatment rooms, a break room, office space/receptionist areas, and a waiting room! However there is still so much more to this property! A spacious 3 bedroom, 1.5 bathroom apartment is upstairs. So if you are looking for additional rental income, additional office space or would like to live above your business you have lots of options! A Full Building Generator, Central Air Conditioning, Skylights, Patio, Lots of Parking, a 4 Car Heated Garage are just some of the features to this great space! More photos coming soon!
Olean is located in New York. Olean, New York has a population of 13,911. Olean is more family-centric than the surrounding county with 26.69% of the households containing married families with children. The county average for households married with children is 26.4%.
The median household income in Olean, New York is $40,291. The median household income for the surrounding county is $45,571 compared to the national median of $57,652. The median age of people living in Olean is 40.8 years.
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 11.2 degrees. The average rainfall is approximately 43.2 inches per year, with 61.5 inches of snow per year.
