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Homes for Sale | The AFB Team

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Homes for Sale | The AFB Team

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$189,900
83 Days On Site

2423 N Nys Rte 16
Olean, NY 14760

For Sale|Apartment|Active
0
Beds
0
Total Baths
2,583
SqFt
$74
/SqFt
1960
Built
County:
Cattaraugus
Listing courtesy of Regis Handley of Howard Hanna Professionals - Olean (716) 307-9256
Call Now: (585) 455-5866
Is this the listing for you? We can help make it yours.
(585) 455-5866
2423 N Nys Rte 162423 N Nys Rte 162423 N Nys Rte 162423 N Nys Rte 16
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Opportunity awaits with this versatile mixed-use property located just outside the City of Olean along NYS Route 16. Offering commercial space on the first floor and a spacious residential apartment occupying the entire second floor, this property provides an excellent opportunity for an investor, business owner, or owner-occupant looking for a flexible live/work setup. The first floor features a storefront-style commercial space with convenient on-site parking and plenty of possibilities. The space could accommodate a variety of uses, including retail, a workshop, studio, office, showroom, service-based business, or other commercial venture. The Route 16 location provides convenient access to Olean and surrounding communities while offering valuable visibility and accessibility for customers and clients. Occupying the entire second floor is a spacious 4-bedroom, 2-bathroom apartment, creating the potential for additional rental income or an ideal opportunity to live above your own business. With four bedrooms and two full bathrooms, the residential portion offers considerably more space than you typically find in a mixed-use property and adds another level of versatility for a future owner. The two-story building was originally constructed in 1960 and sits on a generous 180' x 180' lot, providing plenty of room for parking and outdoor space. The property is serviced by a private well and septic system with gas and electric utilities. Whether you're looking to establish or expand a business, add a mixed-use investment to your portfolio, or create a convenient live/work arrangement, 2423 NYS Route 16 N offers a unique combination of commercial and residential space with plenty of potential. Bring your ideas and make this property work for you!

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Listing Snapshot
Price 
$189,900
Days On Site 
83 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,583 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7438 Acres
Year Built 
1960
MLS Number 
R1707403
Status 
Active
Property Tax 
$4,430
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen on site
3 months agoListing updated with changes from the MLS
General Features
Acres 
0.7438
Additional Property Use 
OfficeRetailIndustrial
Cross Street 
Godfrey Hollow
Levels 
Two
Number Of Stories 
2
Parking 
On Site
Parking Spaces 
6
Property Sub Type 
Apartment
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
2583
Utilities 
Electricity Connected
Zoning 
Com 1
Interior Features
Flooring 
CarpetConcreteLinoleumVinyl
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
BlockFiber CementConcrete
Lot Features 
Rectangular Lot
Roof 
Flat
Community Features
MLS Area 
Olean- Town-046600
School District 
Olean
Township 
Not Applicable
Financing Terms Available 
CashConventional
Schools
School District
Olean
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Regis Handley of Howard Hanna Professionals - Olean (716) 307-9256

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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-11-07 03:50 PM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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