CCertihomes
208 Main Street, Olean-City, NY 14760

$200,000

2 beds 2 baths 3,053 sqft Built 190059 days on marketActive

About this home

This Prime 3000+ sqft Mixed Use Property located on a corner parcel offers endless potential. The property features 25+ parking spaces and separate entrances for both units. The first floor of this property had been used previously as a salon and has now been turned into a freshly painted blank canvas. The second floor of the property is a two bedroom one bath apartment with a separate entrance. Who wouldn't love a property that also features updated electric, new flooring, siding and doors? This Mixed Use Commercial Zoned Property is primed for any venture you could imagine. With a full rent roll, this property could produce $3, 500-$4, 000 in monthly rent. With high visibility, this property is ideal for an investor looking to complement their portfolio with a well maintained mixed use property. Own a business? Why not live above your office and experience the quickest commute possible? Let the upstairs apartment offset the cost of your business location!! The possibilities are endless. Cross Posted from Original Listing -B1593250. First Floor has been turned into a blank canvas but could be turned into an additional apartment easily still conforming use per zoning. Zoning GC allows for too many business types to list. Some of the Permitted principal uses: Adult care facilities. Antique and craft shops. Art galleries. Banks and financial institutions. Barber and beauty shops. Day care centers. Dry cleaning businesses. Dwelling units above first floor businesses. Garage service and repair uses. Gasoline filling stations. Gasoline/grocery service marts. General business office uses. Medical clinics. Multi-family dwellings. Nursery schools. Nursing and convalescent homes. Self-service laundries. Senior citizen housing. Theaters. Vehicle sales and/or repair uses. Veterinary hospitals. Wholesale and retail distribution centers including offices and showrooms.

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
$3,165/mo

Real estate (PITI + HOA + PMI)
$2,118
Principal + interest$1,283
Property tax + insurance$760
PMI / 2nd mortgage$75
Utilities
$2,061
Heating + cooling$881
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$3,165/mo TLC
Budget$5,000/mo
Remaining after TLC$1,835/mo
Purchase price
$200,000
Down payment
$10,000 (5%)
Loan amount
$190,000
APR
7.15%

Quick facts

Type
MultiFamily
Style
Year built
1900
Lot size
0.2172 ac
Stories
3
Heating
Gas
Cooling
CentralAir
Water
Connected, Public
HOA
Annual tax
$5,436
MLS #
B1597573
County
Cattaraugus

At a glance

Air conditioning
Basement

Home features

Appliances
GasWaterHeater
Parking
GravelPaved
Flooring
CeramicTile, Hardwood, Laminate, Varies, Vinyl
Sewer
Connected

Lot features

CornerLot, Rectangular, RectangularLot

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 4/4/2025. Provided courtesy of WNY Metro Roberts Realty via Buffalo MLS. Information deemed reliable but not guaranteed.