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3004 NY-417 Hwy
Olean, NY 14760
Shults Resale Center · Retail Property For Sale
Executive Summary
This exceptional commercial property, located in Olean, NY, is now available for sale, offering a prime opportunity for a variety of businesses. Currently being used as an auto dealership, the building totals 2,696 square feet and was constructed in 1997. It is situated on a spacious lot with dual road frontage, providing excellent visibility and accessibility from both Independence Drive and NYS Route 417. The property is in close proximity to all local amenities, including retail, dining, and other commercial centers, making it an ideal location for a new or expanding business. With ample parking and outdoor space, the lot offers room for growth, additional service areas, or even future expansions. The building’s layout is well-suited for a showroom, office spaces, and service areas, making it particularly attractive for an auto dealership, retail business, or other commercial operations. This location gets over 16,000 vehicles per day, making this a desirable location for commercial properties. Zoned for commercial use, the property provides the flexibility to accommodate various business ventures. Don't miss out on this incredible opportunity in a growing area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,696 SF
Building Class
B
Year Built
1997
Price
$1,399,500
Price Per SF
$519.10
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.79 AC
Zoning
431
Parking
50 Spaces (18.55 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 042089-094-062-0001-005-002-0000 | Improvements Assessment | $103,500 |
| Land Assessment | $156,500 | Total Assessment | $260,000 |
Property Taxes
Parcel Number
042089-094-062-0001-005-002-0000
Land Assessment
$156,500
Improvements Assessment
$103,500
Total Assessment
$260,000
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