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1507 E State Street, 
Olean, NY 14760

$149,900


1

Bed


1

Bath


1,320

Sq Ft


Multi-Family

Active

Listed by

Brett Moog

Metro Kirsch Real Estate, Inc.

716-592-0341

Last updated:

April 21, 2025, 02:38 PM

MLS#

R1599248

Source:

NY GENRIS

About This Home

1507 E State Street

Imagine what can be done with this multi-use property! This property has gone through many changes and its history of multi-uses includes single family dwelling, apartments, office space and an abundance of small business opportunities. Currently, the property is used as a small engine sales, service and repair shop, with the house including a one bedroom apartment, and first floor office space (currently under construction which has been halted for new owner to decide direction of its use and potential). The full basement has its own entrance and was used as storage space. There is an abundance of parking for the shop, retail spaces and tenants. There is over 1600 square feet of usable ground floor space for your business, or hobbies and interests. The 1200 square foot barn with additional 1200 square feet of second floor space, has seen many uses such as a produce market, classic auto repair garage, its current use and more. Nearby businesses include coffee shops, restaurants, small grocery, landscaping, auto and recreational dealerships... The property is located between downtown Olean and Portville, NY near Westons Mills on on East State Street (Route 417 known as one of the states longest highways) which is historically significant as a major thoroughfare and hub for the oil and lumber industry, this street is still regarded as one of the most traveled roads in region, it remains vibrant and makes this property visible and ultimately accessible. The property with house and buildings is being sold as-is, with any equipment, products, parts/accessories and other business related materials being removed or sold separately. Also being sold as Commercial/Industrial Listing MLS# R1599179

Home Facts

Multi-Family

1 Bath

1 Bedroom

Built in 1910

Price Summary

149,900

$113 per Sq. Ft.

MLS #:

R1599248

Last Updated:

April 21, 2025, 02:38 PM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,320 Sq. Ft.


Structure

Structure

Building Area:

1,320 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

12,628


Finances & Disclosures

Finances

Price:

$149,900

Price per Sq. Ft:

$113 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 New York State Alliance All rights reserved.

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