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1618 Route 417 Street, 
Olean, NY 14760

$225,000


2

Beds


2

Baths


1,092

Sq Ft


Single Family

Active

Listed by

Regis Handley

Howard Hanna Professionals - Olean

716-372-1155

Last updated:

July 16, 2025, 02:50 PM

MLS#

R1620941

Source:

NY GENRIS

About This Home

1618 Route 417 Street

Unique Mixed-Use Property – Residential & Commercial Space on One Parcel! Endless potential awaits with this versatile mixed-use property featuring both a comfortable residence and an established commercial building — all on one parcel! The residential home is a well-maintained ranch-style house offering 2 bedrooms, 1 full bathroom, a spacious kitchen, cozy living room, and a back deck perfect for relaxing. The home also includes a 2-car garage and a fully fenced backyard, ideal for privacy, pets, or entertaining. Adjacent to the home is a commercial building currently operating as an automotive shop. This structure includes a retail storefront and 7 service bays, offering ample space for a variety of business uses. Behind the building, you'll find a large fenced-in lot suitable for storage, overflow parking, or future expansion. Whether you're an investor looking for a strong income property, a business owner seeking live/work flexibility, or someone ready to launch a new venture, this property checks all the boxes.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1940

Price Summary

225,000

$206 per Sq. Ft.

MLS #:

R1620941

Last Updated:

July 16, 2025, 02:50 PM

Added:

25 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,092 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

1,092 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

43,168


Finances & Disclosures

Finances

Price:

$225,000

Price per Sq. Ft:

$206 per Sq. Ft.

Source:NY GENRIS
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.