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2801 W State St
Olean, NY 14760
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
114,948 SF
Building Class
B
Year Built
1995
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
11.62 AC
Zoning
GC - General Commercial
Parking
538 Spaces (4.68 Spaces per 1,000 SF Leased)
Frontage
532’ on W State Street

AMENITIES

  • Pylon Sign
  • Signalized Intersection
  • Air Conditioning

ABOUT 2801 W STATE ST , OLEAN, NY 14760

TSCG is pleased to present an opportunity to acquire Marshalls/Ollie’s Plaza, a newly redeveloped power center located along West State Street in Olean, Cattaraugus County, New York (the “Property”). The Property is anchored by two of the fastest growing national tenants today – Marshalls and Ollie’s Bargain Outlet. Redeveloped in 2018, the Marshalls/Ollie’s Plaza is currently 48.1% leased to two tenants with new ten–year leases. The Property offers significant upside with the leasing of available space and potential outparcel opportunity*. Marshalls/Ollie’s Plaza is part of a larger integrated grocery anchored retail center and shadowed by Aldi, Staples, Advanced Auto and Burger King. The Property is strategically located in the center of a critical retail node with limited competition for over 50 miles.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
041200-094-070-0002-001-000-0000
Land Assessment
$769,300
Improvements Assessment
$3,300,700
Total Assessment
$4,070,000
  • Listing ID: 18171334

  • Date on Market: 1/13/2020

  • Last Updated:

  • Address: 2801 W State St, Olean, NY 14760

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