Versatile VACANT LOT offers outstanding visibility, income potential, and endless possibilities for investors, business owners, or owner-occupants alike. Positioned in a prime commercial location along the highly traveled Route 417 Corridor in the City of Olean, this vacant lot measuring 80 x 88, is not only a perfect location for Food Trucks, Car/Shed/Trailer Sales and more, but the property also features the corner lot which houses a duplex with a detached 2-car garage providing extra parking, expansion opportunities, or future development potential. The front apartment, would make an ideal office space for a small business or professional seeking a convenient location with ample parking and easy access. The spacious rear apartment that is considered an executive rental, offers a unique two-story layout featuring an open-concept kitchen and dining area with island, first-floor laundry, sliding glass doors leading to a deck and backyard, and a comfortable living room with fireplace. Upstairs you’ll find two bedrooms and a full bath, creating an inviting residential space perfect for owner occupancy or continued rental income. Conveniently located within walking distance to medical facilities, grocery stores, churches, major box-store shopping, St Bonaventure University and just one block from the Olean trail system, this property truly combines location, flexibility, and opportunity all in one. The building has been well-maintained and has a 4yr old roof on house & garage, driveway. The sellers also have 2 additional properties available that connect to these, for a sought-after commercial development location. They re willing to sell all 4 Properties together or each one individually. Lets make a deal!!
Active
$225,000
2002 & 2006 W State St, Olean, NY 14760
3beds
1,850sqft
Mixed Use, Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$122/sqft
$-- HOA
What's special
First-floor laundryTwo-story layoutCorner-lot propertySpacious rear apartment
- 47 days |
- 185 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
EXP-Premier Listings Team 888-276-0630,
Claudia Attard-Keary 716-307-8894
Source: NYSAMLSs,MLS#: R1681924
Originating MLS: Chautauqua-Cattaraugus
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Luxury Vinyl, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,850
- Total interior livable area: 1,850 sqft
Property
Parking
- Total spaces: 2
- Parking features: Two or More Spaces
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.34 Acres
- Dimensions: 156 x 110
- Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Additional parcels included: 94.063219
- Parcel number: 04120009406300020180000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Mixed Use, Duplex, Multi Family
Materials
- Vinyl Siding
Condition
- Resale
- Year built: 1900
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Trails/Paths
Location
- Region: Olean
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $57,900
- Annual tax amount: $4,763
- Date on market: 5/17/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,072/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2026 | Listed for sale | $225,000$122/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 14760
Nearby schools
GreatSchools rating
- 2/10Washington West Elementary SchoolGrades: PK-3Distance: 0.3 mi
- 5/10Olean Senior High SchoolGrades: 8-12Distance: 1 mi
- 4/10Olean Middle SchoolGrades: 3-8Distance: 1 mi
Schools provided by the listing agent
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Cattaraugus County
- Olean
- 14760
- 2002 & 2006 W State St





