Description
Discover the endless potential of this impressive 6,680 sq. ft. mixed-use property in one of Olean’s most visible and high-traffic locations! Formerly home to Shawley’s Office Equipment, this property offers excellent frontage on West State Street, ensuring maximum exposure for your business or investment. The spacious first-floor retail/showroom space is ready for your vision—perfect for offices, retail, a showroom, or convert...Prime Mixed-Use Commercial Property – 1305 West State Street, Olean, NY
Discover the endless potential of this impressive 6,680 sq. ft. mixed-use property in one of Olean’s most visible and high-traffic locations! Formerly home to Shawley’s Office Equipment, this property offers excellent frontage on West State Street, ensuring maximum exposure for your business or investment. The spacious first-floor retail/showroom space is ready for your vision—perfect for offices, retail, a showroom, or convert to additional apartments for added income potential. The property currently features three existing apartments, giving you flexibility while you plan your ideal use. One of the true highlights is the expansive rear lot with dual driveway access from both North 12th Street and North 13th Street. The lot offers parking for approximately 25 vehicles, making it a rare find in the city and ideal for customers, tenants, or delivery access. With its high-visibility location, generous square footage, and versatile layout, this property offers countless possibilities—whether you’re looking to launch your business, expand your portfolio, or create a dynamic mixed-use development in the heart of Olean.
- Listed by Kenneth M. Bailey • Real Estate Pros & MoreP: (716)-372-7100 C: (716)-307-6960 ken@realpros.biz
Property Details for 1305 West State Street
Property Details for 1305 West State Street
| Status | Active |
|---|---|
| MLS # | R1630017 |
| Days on Market | 142 |
| Taxes | $3,955 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Residential |
| Year Built | 1918 |
| Lot Size | 0.11 AC / 4,792 SF |
| County | Cattaraugus County |
Location
Building Information for 1305 West State Street
Payment Calculator
$1,194 per month
30 year fixed, 6.28% Interest
$865
$330
$0
Property Information for 1305 West State Street
- Elementary School District: Olean
- High School District: Olean
- Middle Or Junior School District: Olean
- Village: Not Applicable
- Human YN: Yes
- Garage Spaces per Apt: .00
- Area NYSWIS Code: Olean-City-041200
- Tax Annual Amount: $3,955.00
- Building Area Source: Assessor
- Building Area Total: 6680.0
- Land Features: Irregular Lot, Near Public Transit
- Num Of Acres: 0.11
- Lot Size Area: 0.11
- Lot Size Square Feet: 4792.0
- Lot Size Units: Acres
- Parcel Number: 041200-094-064-0010-005-000-0000
- Road Frontage: Main Thoroughfare
- Lot Number: 5
- Property YN: Yes
- Property Condition: Resale
- Senior Community YN: No
- Assessed Value: $72,000
- Year Built: 1918
- Year Built Description: Existing
- Zoning Description: Commercial
- Electric Service: Circuit Breakers
- Num Of Electric Meters: 5
- Num Of Gas Meters: 5
- Sewer Description: Connected
- Utilities Available: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
- Water Supply: Connected, Public
- Construction Materials: Brick, Frame, Copper Plumbing
- Exterior Features: Balcony, Deck
- Patio And Porch Features: Balcony, Deck
- Roof Description: Membrane, Rubber
- Security Features: Fire Escape
- Appliances: Electric Water Heater
- Basement Description: Partial
- Basement YN: Yes
- Num Of Possible Bedrooms: 4
- Num Fireplaces Total Calculated: 0
- Fireplace YN: No
- Floor Description: Carpet, Hardwood, Varies, Vinyl
- Heating: Gas, Forced Air, Gravity, Stove
- Heating YN: Yes
- Interior Features: Natural Woodwork
- Laundry Features: Washer Hookup
- Levels: Two
- Sq Ft Total: 6680.0
- Main Level Bathrooms: 0
- Window Features: Thermal Windows
- Number Of Units In Community: 3
- Number Of Units Total: 3
- Operating Expense Includes: Water Sewer
- Stories: 2
- Stories Total: 2
- Unit Type Actual Rent: $.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 1
- Features: ,Eat-In Kitchen,Living Room
- Unit Type Total Rent: $.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 0
- Unit Type Actual Rent: $.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 1
- Features: ,Eat-In Kitchen,Living Room
- Unit Type Total Rent: $.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 0
- Unit Type Actual Rent: $.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Features: ,Eat-In Kitchen,Living Room
- Unit Type Total Rent: $.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 0
- Rent Includes: Water
Property History for 1305 West State Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 21, 2025 | Price Change WNYREIS #R1630017 | $175,000 | — |
| Aug 13, 2025 | Listed (Active) WNYREIS #R1630017 | $189,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/21/2025 | Price Change WNYREIS #R1630017 | $175,000 |
| 08/13/2025 | Listed (Active) WNYREIS #R1630017 | $189,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1305 West State Street
Schools near 1305 West State Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 2 to 10 | |||
| Public - | 8 to 12 | |||
| Public - | PK to 3 | |||
| Public - | PK to 3 |
Rating | School | Distance |
|---|---|---|
Olean Middle School Public2 to 10 | ||
Olean Senior High School Public8 to 12 | ||
East View Elementary School PublicPK to 3 | ||
Washington West Elementary School PublicPK to 3 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Real Estate Pros & More
Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
