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.
For sale
$225,000
1618 Route 417 St, Olean, NY 14760
2beds
1,092sqft
Single Family Residence
Built in 1940
0.99 Acres Lot
$-- Zestimate®
$206/sqft
$-- HOA
What's special
- 12 days
- on Zillow |
- 347 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 11:23am
Listing by:
Howard Hanna Professionals - Olean 716-372-1155,
Regis Handley 716-307-9256
Source: NYSAMLSs,MLS#: R1620941
Originating MLS: Chautauqua-Cattaraugus

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Appliances Negotiable, Gas Water Heater
- Laundry: Main Level
Features
- Separate/Formal Dining Room, Home Office, Bedroom on Main Level, Workshop
- Flooring: Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Blacktop Driveway
Lot
- Size: 0.99 Acres
- Dimensions: 152 x 284
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 04660009407600010570000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Resale
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $55,500
- Annual tax amount: $3,577
- Date on market: 7/8/2025
- Listing terms: Cash,Conventional
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