514 W State Street, Olean, NY 14760

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Property Description

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.

514 W State Street | MLS# B1659799

This commercial property located at 514 W State Street, Olean, NY 14760 is currently listed for sale with an asking price of $159,900. W State Street is located within the Olean school district. Search Olean real estate on earlin-rosa.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business

Basement: Full

Cooling: Zoned

Heating: Gas, Zoned

Lot Size: 0.16 Acres

Roof Type: Flat

Stories: 2.0

Taxes: $5,613

Year Built: 1910

Feature Descriptions

Days on Site: 35

Lot: Irregular Lot

Lot Dimensions: 42X163

Parcel#: 041200-094-064-0009-013-000-0000

Utilities: Sewer Available, Water Connected

Water: Public

Local Schools

School District: Olean

Demographics

Listed By / Shown By

Listing By

Agency Name: ERA Team VP Real Estate
Agency Contact: 716-560-8624

Shown By

Agent Name: Earlin Rosa
Agent Phone: (845) 430-6465
Agency Title: Timberland Properties

514 W State Street, Olean, NY 14760

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Earlin Rosa Licensed Real Estate Salesperson Cell: (845) 430-6465 Email Me

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 5:23:48 AM EST) or Global MLS (last updated Wed 03/04/2026 1:21:53 AM EST) or New York State Alliance MLS (last updated Wed 03/04/2026 2:34:23 AM EST) or Hudson Valley Catskill Region MLS (last updated Wed 03/04/2026 12:11:15 AM EST) or OneKey MLS (last updated Wed 03/04/2026 1:45:01 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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514 W State Street, Olean, NY 14760

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Property Description

514 W State Street | MLS# B1659799

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Property Features

Feature Descriptions

Local Schools

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514 W State Street, Olean, NY 14760

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514 W State Street, Olean, NY 14760

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