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0 Baths
1,320 sqft

$165,000

1507 East State Street, Olean NY, 14760

Price per sqft$125.00
Built in1910
Property size1,320 sqft
Property typeCommercial

Overview

Active

Listed Nov 13, 2026

Updated 38h ago

INVESTORS & ENTREPRENEURS—OPPORTUNITY IS KNOCKING! Discover the possibilities with this versatile 3-building mixed-use property, situated on .29 acres along a high-traffic corridor in the City of Olean! Presently zoned Industrial, this unique property offers an excellent combination of residential, commercial, and business potential! The front building features a flexible first-floor space that could serve as a professional office, business headquarters, or potential efficiency apartment, while the second floor boasts a finished, move-in-ready 2-bedroom apartment—perfect for generating rental income! Behind the main building is an additional commercial building, currently operating as a small engine repair business. One side features a reception area, office, and storefront space, while the other offers an expansive garage/workshop with a second floor for additional storage or workspace! With over 10 parking spaces, a pole sign for excellent business visibility, and a fenced-in green area, this property has so much to offer! Whether you're looking to establish your own business, expand an existing operation, or invest in a property with multiple potential income streams, the possibilities are exciting! Affordably priced and ready for its next chapter—bring your vision and MAKE US AN OFFER! All proposed uses are subject to applicable zoning and municipal approvals.

Additional information

MLS® ID
R1728963

Interior Features

Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$2,982
Tax Frequency
Annually
Garage
Yes
Municipality
Not Applicable
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Courtesy of EXP-Premier Listings Team, Claudia Attard-Keary

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Data last updated 5:27 AM UTC, 11/14/2026

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