514 State Street
Olean, NY 14760 · Cattaraugus County
Price
$149,900
Bed / Bath
—
Interior
9,180 sqft
Lot
6,848 sqft lot
Built
1910
↓ Reduced from $159,900
About this home
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.
Mechanical
Heating
Gas, Zoned
Cooling
Zoned
Schools
District
Olean
Tax & finance
Annual taxes
$5,613
Financing
Cash
MLS Attribution
Listing courtesy of ERA Team VP Real Estate. Listing agent: Amy L Henzel. Data last updated 9/2/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
More in Olean
Similar homes nearby.
Olean, NY 14760
212 6th Street
$189,900
3 bd · 3 ba · 1,594 sqft
Listing courtesy of Howard Hanna Professionals - Olean
Olean, NY 14760
125 9th Street
$179,900
3 bd · 1.5 ba · 1,729 sqft
Listing courtesy of Howard Hanna Professionals - Olean
Olean, NY 14760
768 Main Street
$209,900
4 bd · 2 ba · 2,140 sqft
Listing courtesy of Howard Hanna Professionals - Olean