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Jill A. Lehmann
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(607) 267-0313 Cell
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1507 E State Street, Olean, NY 14760

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$169,000 Active
1,320 Sq Ft 0.29 Acres
Days on Site 2 Year Built 1910 School Olean MLS #B1678469
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Property Description

Mixed-use opportunity on E State St in Olean. Property includes a 2-family home and a detached commercial building. Upper apartment is currently rented, providing immediate income. Lower unit offers flexibility for conversion to an additional apartment or office space. Second structure is set up for a small engine repair or similar commercial use. Large parking lot accommodates 10+ vehicles and includes gated access. Suitable for investors or owner-occupants seeking residential income with on-site business potential.

1507 E State Street | MLS# B1678469

This commercial property located at 1507 E State Street, Olean, NY 14760 is currently listed for sale with an asking price of $169,000. E State Street is located within the Olean school district. Search Olean real estate on jill-ogden.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Industrial
Basement: Full, Storage Space
Cooling: Zoned
Heating: Gas, Zoned, Baseboard, Forced Air, Hot Water
Lot Size: 0.29 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $2,751
Year Built: 1910

Feature Descriptions

Building Features: Drive-In Doors, Office, Pole Sign
Days on Site: 2
Exterior: Block, Concrete, Wood Siding
Flooring: Carpet, Concrete, Linoleum, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 97X130
Parcel#: 041200-094-075-0004-012-002-0000
Parking: Driveway, Fenced, On Site
Parking Notes: Driveway, Fenced, On Site
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

High School: Olean Senior High
Middle School: Olean Middle
School District: Olean
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1507 E State Street, Olean, NY 14760

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Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Contact: 716-936-0806

Shown By

Agent Name: Jill A. Lehmann
Agent Phone: (607) 267-0313 Cell
Agency Title: Timberland Properties

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Jill A. Lehmann
Jill A. Lehmann Associate Real Estate Broker Cell: (607) 267-0313 Office: (607) 746-7400 Email Me
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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/09/2026. The listing information on this page last changed on 05/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/09/2026 12:00:07 AM EST) or Global MLS (last updated Fri 05/08/2026 11:52:14 PM EST) or New York State Alliance MLS (last updated Fri 05/08/2026 11:58:47 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 05/08/2026 11:53:46 PM EST) or OneKey MLS (last updated Fri 05/08/2026 11:53:16 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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