ACTIVE
$169,000
Est. Monthly
$801/mo
$169,000
1507 State Street, Olean, NY
1,320 SqFt0.2899 Acres
Mixed-use opportunity on E State St in Olean. Property includes a 2-family home and a detached commercial building. Upper apartment is currently rented, providing immediate income. Lower unit offers flexibility for conversion to an additional apartment or office space. Second structure is set up for a small engine repair or similar commercial use. Large parking lot accommodates 10+ vehicles and includes gated access. Suitable for investors or owner-occupants seeking residential income with on-site business potential.
StatusActive
Property TypeCommercial Sale
Property SubtypeOffice
Year Built1910
Total Rooms4 rooms
Days on Market2 days
Est. Monthly Payment
$801.06
%
%
yr
Private Mortgage Insurance
Not required
Affordability Checkoptional
$
Property Details
Property Information
1507 State Street
Olean, NY 14760 • Cattaraugus—
Beds
—
Baths
1,320
SqFt
0.2899
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
Office
Year Built
1910116 years ago
Total Rooms
4 rooms
Days on Market
2 days
Tax History
Estimated values, may not reflect current amounts.
- Annual Tax Amount$2,751
Property History
- Listed for saleMay 6, 2026 • NYSAMLS • B1678469$169,000
- ClosedFeb 24, 2026 • NYSAMLS • B1649894$179,000
- Listed for saleNov 8, 2025 • NYSAMLS • B1649894$179,000
Mortgage Calculator
Estimated monthly payment for this property
$801.06
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$
Private Mortgage Insurance
Not required — down payment above 20%
MLS Information
- SourceNYSAMLS
- MLS#B1678469
- Listing Officee Xp Realty
- Last Updated1 day ago
Climate & Systems
- Heating
- Gas
- Zoned
- Baseboard
- Forced Air
- Hot Water
Interior Features
- Flooring
- Carpet
- Concrete
- Linoleum
- Vinyl
- Basement
- Full
- Storage Space
Parking
- Parking Features
- Driveway
- Fenced
- On Site
- Parking Spaces10
Lot & Grounds
- Lot Size0.2899 acres
- Lot Features
- Rectangular
- Rectangular Lot
Type
- Property TypeCommercial Sale
- Property SubtypeOffice
Structure
- Construction
- Block
- Concrete
- Wood Siding
- Roof
- Asphalt
- Shingle
Condition
- Year Built1910
- ConditionResale
- Days on Market2 days
- WaterPublic
- SewerPublic Sewer
- Electric
- Volts240
- Other
- Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
Also Listed On
- NYSAMLS1 related listingClosed$179,000
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