1507 E State Street, Olean, NY 14760
Local realty services provided by:HUNT Real Estate ERA



1507 E State Street,Olean, NY 14760
$149,900
- 1 Beds
- 1 Baths
- 1,320 sq. ft.
- Multi-family
- Active
Listed by:brett moog
Office:metro kirsch real estate, inc.
MLS#:R1599248
Source:NY_GENRIS
Price summary
- Price:$149,900
- Price per sq. ft.:$113.56
About this home
Imagine what can be done with this multi-use property! This property has gone through many changes and its history of multi-uses includes single family dwelling, apartments, office space and an abundance of small business opportunities. Currently, the property is used as a small engine sales, service and repair shop, with the house including a one bedroom apartment, and first floor office space (currently under construction which has been halted for new owner to decide direction of its use and potential). The full basement has its own entrance and was used as storage space. There is an abundance of parking for the shop, retail spaces and tenants. There is over 1600 square feet of usable ground floor space for your business, or hobbies and interests. The 1200 square foot barn with additional 1200 square feet of second floor space, has seen many uses such as a produce market, classic auto repair garage, its current use and more. Nearby businesses include coffee shops, restaurants, small grocery, landscaping, auto and recreational dealerships... The property is located between downtown Olean and Portville, NY near Westons Mills on on East State Street (Route 417 known as one of the states longest highways) which is historically significant as a major thoroughfare and hub for the oil and lumber industry, this street is still regarded as one of the most traveled roads in region, it remains vibrant and makes this property visible and ultimately accessible. The property with house and buildings is being sold as-is, with any equipment, products, parts/accessories and other business related materials being removed or sold separately.
Also being sold as Commercial/Industrial Listing MLS# R1599179
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Home facts
- Year built:1910
- Listing Id #:R1599248
- Added:123 day(s) ago
- Updated:August 19, 2025 at 02:50 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,320 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas, Hot Water
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1910
- Building area:1,320 sq. ft.
- Lot area:0.29 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$113.56
- Tax amount:$2,783
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