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EXECUTIVE SUMMARY
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
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,320 SF
Building Class
C
Year Built
1993
Price
$697,820 CAD
Price Per SF
$45.55 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Lot Size
0.44 AC
Opportunity Zone
Yes
Parking
9 Spaces (0.59 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 041200-094-065-0011-044-001-0000 | Improvements Assessment | $625,718 CAD |
| Land Assessment | $40,536 CAD | Total Assessment | $666,254 CAD |
PROPERTY TAXES
Parcel Number
041200-094-065-0011-044-001-0000
Land Assessment
$40,536 CAD
Improvements Assessment
$625,718 CAD
Total Assessment
$666,254 CAD
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417 W State St
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