Bryan Bennett | Realtor® | The Mosher Team at River Hills Properties

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$159,900
New Listing

514 W State Street
Olean, NY 14760

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
9,180
SqFt
$17
/SqFt
1910
Built
County:
Cattaraugus
Listing courtesy of Amy L Henzel of ERA Team VP Real Estate (716) 560-8624
Call Now: 315-612-6683
Is this the listing for you? We can help make it yours.
315-612-6683
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Monthly Payment (Est.)

$730
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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.

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Listing Snapshot
Price 
$159,900
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,180 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1572 Acres
Year Built 
1910
MLS® Number 
B1659799
Status 
Active
Property Tax 
$5,613
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1572
Additional Property Use 
OfficeOtherResidentialRetail
Cross Street 
Sixth Street
Levels 
Two
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
9180
Utilities 
Sewer AvailableWater Connected
Water Source 
Public
Zoning 
COM-1
Interior Features
Basement 
Full
Cooling 
Zoned
Heating 
Natural GasZoned
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Exterior Features
Lot Features 
Irregular Lot
Roof 
Flat
Community Features
Financing Terms Available 
Cash
MLS Area 
Olean-City-041200
School District 
Olean
Township 
Not Applicable
Schools
School District
Olean
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Amy L Henzel of ERA Team VP Real Estate (716) 560-8624



The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

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) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-01-28 09:11 PM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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