CCertihomes
417 W State Street, Olean, NY 14760

$499,900

0 beds 0 baths 15,320 sqft Built 1993364 days on marketActive

About this home

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

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$10,901/mo

Real estate (PITI + HOA + PMI)
$6,681
Principal + interest$3,208
Property tax + insurance$3,286
PMI / 2nd mortgage$187
Utilities
$8,631
Heating + cooling$4,166
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$10,901/mo TLC
Budget$11,401/mo
Remaining after TLC$500/mo
Purchase price
$499,900
Down payment
$24,995 (5%)
Loan amount
$474,905
APR
7.15%

Quick facts

Type
Business
Style
Year built
1993
Lot size
0.7 ac
Stories
1
Heating
Gas, Central, ForcedAir
Cooling
CentralAir
Water
Public
HOA
Annual tax
$26,315
MLS #
R1559459
County
Cattaraugus

At a glance

Air conditioning

Home features

Parking
OnSiteSurfaced
Flooring
Concrete, Hardwood, Varies, Carpet
Roof
Flat, Membrane, Rubber
Sewer
PublicSewer

Lot features

IrregularLot

Schools

Elementary
Washington West Elementary
Middle
Olean Middle
High
Olean Senior High

Neighborhood — 14760

MetricThis ZIPCountyUSA
Population18,73219,351,094299,088,112
Population Change Since1990-14.00%8.00%20.00%
Population Density294395
Male8,8619,381,926147,432,321
Female9,8719,969,168151,655,844
Never Married4,4284,946,39163,775,926
Married7,2587,166,701123,120,365
Separated1,0261,159,67312,639,686
Widowed1,3671,110,24515,467,586
Divorced1,4651,210,44823,075,029
Number Of House Hold7,0997,102,016111,826,380
Average House Hold Size2.442.642.60
Medial Age37.0536.5335.46
Median House Hold Income$35,386$49,847$48,276
Average House Hold Income$46,879$70,032$63,629
P C I$18,889$26,569$24,529
M D I$31,259$42,210$41,133
A T H E$41,723$54,185$50,898
S T R8.00%4.00%
W C J84.88%81.55%77.74%
(Zip) Code
14760

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 8/16/2024. Provided courtesy of Howard Hanna Professionals - Olean via Buffalo MLS. Information deemed reliable but not guaranteed.