1618 Route 417 Street
Olean, NY 14760
Map
- 2 beds
- 2 baths
- 1,092 sqft
- ~1 acre lot
- $206 per sqft
- 1940 build
- – on site
Unique Mixed-Use Property – Residential & Commercial Space on One Parcel! Endless potential awaits with this versatile mixed-use property featuring both a comfortable residence and an established commercial building — all on one parcel! The residential home is a well-maintained ranch-style house offering 2 bedrooms, 1 full bathroom, a spacious kitchen, cozy living room, and a back deck perfect for relaxing. The home also includes a 2-car garage and a fully fenced backyard, ideal for privacy, pets, or entertaining. Adjacent to the home is a commercial building currently operating as an automotive shop. This structure includes a retail storefront and 7 service bays, offering ample space for a variety of business uses. Behind the building, you'll find a large fenced-in lot suitable for storage, overflow parking, or future expansion. Whether you're an investor looking for a strong income property, a business owner seeking live/work flexibility, or someone ready to launch a new venture, this property checks all the boxes.
Last checked:
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Checking…
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Last updated Jul 8, 2025
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MLS# R1620941 —
The Building
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Year Built:1940
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Year Built Details:Existing
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Construction Materials:VinylSiding
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Architectural Style:Ranch
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Basement:Full
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Basement:true
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Foundation Details:Block
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Exterior Features:BlacktopDriveway
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Levels:One
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Building Area Total:1092.0
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Building Area Source:PublicRecords
Interior
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Rooms Total:5
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Interior Features:SeparateFormalDiningRoom,HomeOffice,BedroomOnMainLevel,Workshop
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Flooring:Varies,Vinyl
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Fireplace:false
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Laundry Features:MainLevel
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Stories:1
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Stories Total:1
Room Dimensions
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Living Area:1,092 Sqft
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Resale
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Parcel Number:046600-094-076-0001-057-000-0000
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Lot Features:Rectangular,RectangularLot,ResidentialLot
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Lot Size Dimensions:152X284
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Lot Size Acres:0.991
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Lot Size SqFt:43168.0
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Lot Size Area:0.991
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Lot Size Units:Acres
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Waterfront:false
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Road Frontage Type:CityStreet,MainThoroughfare
Listing Agent
- Contact info:
- Agent phone:
- (716) 307-9256
- Office phone:
- (716) 372-1155
Taxes
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Tax Lot:57
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Tax Annual Amount:3577.0
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Tax Assessed Value:55500
Beds
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
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Main Level Baths:2
Heating & Cooling
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Heating:Gas,ForcedAir
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Heating:true
Utilities
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Sewer:SepticTank
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Water Source:Well
Appliances
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Appliances:AppliancesNegotiable,GasWaterHeater
Schools
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Elementary School District:Olean
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Middle Or Junior School District:Olean
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High School District:Olean
The Community
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Senior Community:false
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:true
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Parking Features:Attached,Garage
Monthly cost estimate
Asking price
$225,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,204
|
| Taxes | $298 |
| Insurance | $61 |
| Utilities | $168 See report |
| Total | $1,731/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/8/25
Jul 8, 2025
|
Listed / Active | NYSAMLS | $225,000 |
