Estimated payment $1,336/month
Highlights
- Deck
- Wood Flooring
- Woodwork
- Property is near public transit
- Balcony
- Forced Air Heating System
About This Home
Prime Mixed-Use Commercial Property – 1305 West State Street, Olean, NY
Discover the endless potential of this impressive 6,680 sq. ft. mixed-use property in one of Olean’s most visible and high-traffic locations! Formerly home to Shawley’s Office Equipment, this property offers excellent frontage on West State Street, ensuring maximum exposure for your business or investment.
The spacious first-floor retail/showroom space is ready for your vision—perfect for offices, retail, a showroom, or convert to additional apartments for added income potential. The property currently features three existing apartments, giving you flexibility while you plan your ideal use.
One of the true highlights is the expansive rear lot with dual driveway access from both North 12th Street and North 13th Street. The lot offers parking for approximately 25 vehicles, making it a rare find in the city and ideal for customers, tenants, or delivery access.
With its high-visibility location, generous square footage, and versatile layout, this property offers countless possibilities—whether you’re looking to launch your business, expand your portfolio, or create a dynamic mixed-use development in the heart of Olean.
Listing Agent
Listing by Real Estate Pros & More Brokerage Phone: 716-307-6960 License #10371200907 Listed on: 08/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,955
Year Built
- Built in 1918
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 46x100
- Irregular Lot
Home Design
- Brick Exterior Construction
- Copper Plumbing
Interior Spaces
- 6,680 Sq Ft Home
- 2-Story Property
- Woodwork
- Partial Basement
- Stove
- Washer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Parking
- Parking Available
- Gravel Driveway
- On-Street Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gravity Heating System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 3 Units
- 5 Separate Gas Meters
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 041200-094-064-0010-005-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,718 | $72,000 | $16,100 | $55,900 |
| 2023 | $2,711 | $72,000 | $16,100 | $55,900 |
| 2022 | $2,750 | $72,000 | $16,100 | $55,900 |
| 2021 | $2,829 | $72,000 | $16,100 | $55,900 |
| 2020 | $2,849 | $72,000 | $16,100 | $55,900 |
| 2019 | $1,081 | $72,000 | $16,100 | $55,900 |
| 2018 | $3,884 | $72,000 | $16,100 | $55,900 |
| 2017 | $2,918 | $72,000 | $16,100 | $55,900 |
| 2016 | $2,887 | $72,000 | $16,100 | $55,900 |
| 2015 | -- | $72,000 | $16,100 | $55,900 |
| 2014 | -- | $72,000 | $16,100 | $55,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | For Sale | $189,900 | -- | $28 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1630017
APN: 041200-094-064-0010-005-000-0000
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