$149,900

514 West State Street, Olean NY, 14760

Price per sqft$16.33

Built in1910

Property size9,180 sqft

Property typeCommercial

Overview

Active

Listed Jan 28, 2026

Updated Sep 3

Great investment opportunity on highly visible West State Street! This mixed-use commercial/residential property offers 6 total units and approximately 6,100 sq ft of income-producing space. The building features two street-level commercial storefronts (one currently occupied) and four fully rented upper-level apartments totaling 3,060 sq ft, including one 2-bed/1-bath and three 1-bed/1-bath units. Updates include a new roof (2022) and some newer windows. Great opportunity for an owner-operator looking to run a business while generating rental income, or for investors seeking a solid commercial asset in a prime location.

Additional information

MLS^® ID: B1659799

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.16 Acres

Other Property Details

Taxes: $5,613
Tax Frequency: Annually

Courtesy of ERA Team VP Real Estate, Amy L Henzel

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Bonnie Pagano Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated 4:01 AM UTC, 9/3/2026