$225,000
$249,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
5,059 SqFt
SOLD DATE : 08/15/2024
Key Details
Sold Price $225,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,059 sqft
Price per Sqft $44
MLS Listing ID R1526784
Sold Date 08/15/24
Construction Status Existing
HOA Y/N No
Year Built 1946
Annual Tax Amount $10,676
Lot Size 7,540 Sqft
Acres 0.1731
Lot Dimensions 78X96
Property Description
Discover a unique investment on West State Street in Olean: a vibrant laundromat with 5,000 square feet of space, including warehouse storage and two garage bays. Located on a sought-after corner lot, this property enjoys high visibility and steady foot traffic, solidifying its role as a community staple for years.
This dual-purpose facility runs a successful laundromat and supports pressing operations for the dry cleaning business down the road. The additional warehouse space provides flexibility for storage or expansion, complemented by the convenience of garage bays for easy loading.
An opportunity not just to own a piece of Olean's commercial scene but to grow with it, this property has both steady income and potential for diversification. Whether continuing its legacy or crafting a new vision, it's an investment ripe with possibilities in a prime location.
Location
State NY
County Cattaraugus
Area Olean-City-041200
Zoning COM-1
Direction On Route 417
Rooms
Basement None
Interior
Heating Gas, Baseboard, Hot Water
Fireplace No
Exterior
Utilities Available Sewer Connected
Roof Type Membrane,Rubber
Total Parking Spaces 9
Building
Story 1
Sewer Public Sewer
Level or Stories One
Construction Status Existing
Schools
Elementary Schools Washington West Elementary
Middle Schools Olean Middle
High Schools Olean Senior High
School District Olean
Others
Tax ID 041200-094-064-0013-008-000-0000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with Howard Hanna Professionals
Broker Associate | License ID: 10301219405
+1(315) 430-0030 | celeste.ccgrealty@gmail.com