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EXECUTIVE SUMMARY
Prime Commercial Corner Lot – 9,600 SQFT – High-Traffic Business District, Olean, NY Opportunity awaits with this highly visible 9,600 square foot corner lot located in the heart of Olean’s bustling business district. Positioned at a signalized intersection with excellent frontage on two streets, this premium site offers unmatched visibility, accessibility, and development potential. Surrounded by national retailers, banks, and service providers, it’s an ideal location for retail, restaurant, office, or redevelopment use. The property underwent a complete renovation in 2007 and is partially built out as standard retail space, providing a strong foundation for a wide range of business concepts. Situated as an outparcel, the site benefits from high daily traffic counts and excellent exposure on one of the city’s most heavily traveled roads. Utilities are available at the street, and the flat, level lot makes future development straightforward and cost-effective. Whether you’re launching a new business, relocating, or expanding your footprint in a thriving commercial corridor, this prime location puts your enterprise front and center. (Listed rate may not include certain utilities, building services, and property expenses.)
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,600 SF
Building Class
B
Year Built/Renovated
1964/2007
Price
$418,636 CAD
Price Per SF
$43.61 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.68
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
COM 1 - General Commercial
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
128’ on State St
AMENITIES
- Signage
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 041200-094-064-0012-005-000-0000 | Improvements Assessment | $396,490 CAD (2024) |
| Land Assessment | $33,405 CAD (2024) | Total Assessment | $429,894 CAD (2024) |
PROPERTY TAXES
Parcel Number
041200-094-064-0012-005-000-0000
Land Assessment
$33,405 CAD (2024)
Improvements Assessment
$396,490 CAD (2024)
Total Assessment
$429,894 CAD (2024)
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815 W State St
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