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Exceptional commercial opportunity featuring two versatile buildings located in a high-visibility, high-traffic area. The main building offers approximately 1,518 square feet and has previously operated as a welding supply store. Inside, you'll find three separate rooms, a half bathroom, and large front display windows that provide excellent natural light and outstanding exposure for customers and passing traffic. The flexible floor plan makes this space ideal for a variety of uses including retail, professional offices, contractor services, specialty shops, showroom space, or numerous other commercial ventures. Located behind the main building is a 1,802 square foot four-bay garage complete with a loading dock, offering exceptional functionality for storage, warehousing, distribution, equipment maintenance, fabrication, light manufacturing, or service-related businesses. The combination of retail frontage and industrial-style workspace creates a unique opportunity for owner-operators, investors, or businesses seeking room to grow. With excellent visibility, ample commercial potential, and a layout that can accommodate a wide range of business types, this property is well-positioned for future success. Whether you're expanding an existing operation, launching a new venture, or seeking an investment property, this versatile commercial offering deserves a closer look.

Highlights

  • Commercial Sale
  • Built in 1950
  • 0.241 Acre Lot
  • 163 days on Market

  • Year Built
    1950
  • Stories
    1.0
  • Parking Features
    On Site
  • Living Area
    3320.0
  • Flooring
    Concrete
  • Heating
    Forced Air, Oil

  • Acres
    0.241
  • Lot Features
    Rectangular Lot
  • Utilities
    Water Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1646 Nys?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1646 Nys.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1646 Nys?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $155,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Olean, and can even get you in to see the property quickly.

How do I get a virtual tour of 1646 Nys?

Yes! A virtual tour is available for 1646 Nys. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1646 Nys?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1646 Nys at around $1,157. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1646 Nys?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cattaraugus County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1646 Nys?

In most cases, yes. Whether 1646 Nys is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Olean's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1646 Nys?

We can handle that for you. Our preferred local agent specializes in commercial sales in Olean and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $155,000 with 3,320 sqft of space—that comes out to approximately $47 per square foot.

How long has this property been on the market?

1646 Nys was listed on June 01, 2026, which means it's been on the market for 163 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1950, making it approximately 76 years old.

What is the lot size of this property?

1646 Nys sits on a 0.24-acre lot, which is 10,454 square feet.

What are the property taxes for 1646 Nys?

The most recent public record shows annual property taxes for 1646 Nys were approximately $3,297. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1646 Nys still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Upstate New York Real Estate Information Services (UNYREIS). All rights reserved.

Last Updated: November 11, 2026 at 10:06AM | Source: Upstate New York Real Estate Information Services (UNYREIS) | MLS#: R1686415