Estimated payment $1,364/month
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
| 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 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | For Sale | $189,900 | -- | $28 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
$150,000
Don't miss this amazing opportunity to own your own home and make some extra income on the side! This well maintained 2/studio double is located just minutes from shopping and restaurants. It offers the ideal blend on convenience and comfort. Updates include a 2 yr old tear off architectural roof, 2 yr old siding, updated flooring, newly renovated master bedroom, newly renovated bathroom and
Bethany Gonyou Howard Hanna WNY Inc.
$189,900
This upper/lower duplex has been beautifully renovated in a prime location. Excellent investment opportunity or perfect for owner-occupancy! Many of the updates include new windows, vinyl siding, new kitchens and baths, front and back decks, flooring, fresh paint, appliances and more. Each unit features 3 bedrooms and 1 full bath. No appliances in the home. Lower unit heats with gas and the
Ann Croakman Howard Hanna WNY Inc.
$239,000
Well maintained upscale triplex on corner lot with off street parking in nice neighborhood setting. Tenants will enjoy easy accessibility to shopping and dining and all the comforts and space of a single-family home. Downstairs apartment with central air, features two bedrooms, full bath, undated kitchen, laundry room, large living room with cathedral ceilings, and large windows provide natural
Lisa Darling Homestar Realty
$200,000
This Prime 3000+ sqft Mixed Use Property located on a corner parcel offers endless potential. The property features 25+ parking spaces and separate entrances for both units. The first floor of this property had been used previously as a salon and has now been turned into a freshly painted blank canvas. The second floor of the property is a two bedroom one bath apartment with a separate entrance.
Alicia Wittman WNY Metro Roberts Realty
Source: Chautauqua-Cattaraugus Board of REALTORS®
MLS Number: R1630017
APN: 041200-094-064-0010-005-000-0000
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