4,222 SF Commercial Building on Route 417, Allegany NY

Commercial building on Route 417 in the Village of Allegany, roughly 10 minutes from downtown Olean and 5 minutes from St. Bonaventure University. The building sits on a 57 x 125 ft corner lot at the intersection of Route 417 and West State Street, with C2 Highway Commercial zoning that supports retail, office, auto service, light industrial, and a broad range of other permitted uses under current town and village code.

The building is block-and-brick construction, built in 1970, with 4,222 sq ft on a single level. The rear is a large open shop area with concrete floors, high ceilings, and an overhead bay door — well-suited for trade contractors, auto service, light manufacturing, or equipment storage. The front has a dedicated office and showroom with large display windows on two street-facing sides, giving the space both natural light and direct road visibility from one of the primary east-west corridors through Cattaraugus County. Route 417 carries steady daily traffic between Olean, Allegany, and Salamanca, putting this building in front of a consistent flow of potential customers regardless of use type.

Additional interior space includes a restroom and a utility room. On-site parking is available along the side and rear of the building. Recent mechanical work includes a new hot water tank and a full PEX plumbing replacement, completed within the past year. Heat is forced-air gas. Both water and sewer connections are public. Electric and gas service are on-site; cable and high-speed internet are available at the property. Flooring in the office area is linoleum/vinyl. Roof is asphalt with a sloped pitch.

The lot is level and rectangular with a concrete driveway. There is an outbuilding at the rear of the lot. The building is vacant and available for occupancy at closing. Total annual taxes are $6,484. Assessed at $200,000, listed at $195,000. Zoned C2. Will not be subdivided. Cash or conventional financing.