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855 E State St
Olean, NY 14760
Dunkin' Donuts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Flexible zoning ideal for QSR, retail, or redevelopment
- Corner location with exceptional visibility
- Existing drive-thru infrastructure and signage
- 19,222 AADT
EXECUTIVE SUMMARY
Positioned at a signalized corner along Olean’s busy East State Street corridor, this high-profile 1,990 SF freestanding building offers outstanding visibility, signage, and access.
Previously operated as a Dunkin’ location, the site is ideally configured for quick-service restaurant (QSR) use with an existing drive-thru lane, dedicated order window, and a parking field accommodating approximately 15 vehicles. The property sits on 0.35 acres and benefits from a strong traffic count of over 19,200 vehicles per day (AADT).
The building is currently vacant and includes valuable infrastructure such as a walk-in cooler and freezer — minimizing initial build-out costs for food and beverage operators. General commercial zoning offers flexible options for a wide range of potential uses, including restaurant, retail, medical, or service-driven concepts.
Whether repurposing the existing structure or redeveloping the site, 855 E State Street presents an outstanding opportunity to establish a presence in one of Olean’s most active retail corridors.
Previously operated as a Dunkin’ location, the site is ideally configured for quick-service restaurant (QSR) use with an existing drive-thru lane, dedicated order window, and a parking field accommodating approximately 15 vehicles. The property sits on 0.35 acres and benefits from a strong traffic count of over 19,200 vehicles per day (AADT).
The building is currently vacant and includes valuable infrastructure such as a walk-in cooler and freezer — minimizing initial build-out costs for food and beverage operators. General commercial zoning offers flexible options for a wide range of potential uses, including restaurant, retail, medical, or service-driven concepts.
Whether repurposing the existing structure or redeveloping the site, 855 E State Street presents an outstanding opportunity to establish a presence in one of Olean’s most active retail corridors.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
1,990 SF
Building Class
C
Year Built
2006
Price
$299,000
Price Per SF
$150.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.35 AC
Zoning
GC - General Commercial
Frontage
AMENITIES
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 041200-094-067-0007-038-000-0000 | Improvements Assessment | $248,750 |
| Land Assessment | $18,000 | Total Assessment | $266,750 |
PROPERTY TAXES
Parcel Number
041200-094-067-0007-038-000-0000
Land Assessment
$18,000
Improvements Assessment
$248,750
Total Assessment
$266,750
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