# 2423 N Nys Rte 16, Olean, NY 14760

> **TL;DR:** commercial, $189,900 ($74/sqft), built 1960, 2,583 sqft. Est. $1,015/mo. Listed 39 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $189,900 |
| Price/sqft | $74 |
| Square Feet | 2,583 |
| Year Built | 1960 |
| Lot Size | 32,400 sqft (0.74 acres) |
| Stories | 2 |
| Property Type | Commercial (Apartment) |
| Status | Active |
| Days on Market | 39 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $960 |
| Estimated Insurance | $55 |
| **Total** | **$1,015** |

## Property Highlights

- Built in 1960
- 0.74 acre lot
- 2 stories
- 6 parking spaces

## Description

### Agent Description
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!

## Location

- **Address:** 2423 N Nys Rte 16, Olean, NY 14760
- **County:** Cattaraugus
- **Coordinates:** 42.102921, -78.420353
- **Google Maps:** https://www.google.com/maps?q=42.102921,-78.420353

## Listing Agent

- **Name:** Regis Handley · **License:** 10301215129
- **Brokerage:** Howard Hanna Holt Real Estate
- **Phone:** 7163079256
- **Broker Phone:** (716) 269-4208
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/BNARNY/R1707403/?channel=propsimple)

## Photos

![2423 N Nys Rte 16 - Photo 1](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1752180383r.jpg)

![2423 N Nys Rte 16 - Photo 2](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f4214416063r.jpg)

![2423 N Nys Rte 16 - Photo 3](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f4030228026r.jpg)

![2423 N Nys Rte 16 - Photo 4](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f364413993r.jpg)

![2423 N Nys Rte 16 - Photo 5](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f4147255028r.jpg)

![2423 N Nys Rte 16 - Photo 6](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f730845025r.jpg)

![2423 N Nys Rte 16 - Photo 7](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1860988666r.jpg)

![2423 N Nys Rte 16 - Photo 8](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1946599432r.jpg)

![2423 N Nys Rte 16 - Photo 9](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f102967455r.jpg)

![2423 N Nys Rte 16 - Photo 10](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1567785941r.jpg)

![2423 N Nys Rte 16 - Photo 11](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f2789096021r.jpg)

![2423 N Nys Rte 16 - Photo 12](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f157563173r.jpg)

![2423 N Nys Rte 16 - Photo 13](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1764875750r.jpg)

![2423 N Nys Rte 16 - Photo 14](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1666040815r.jpg)

![2423 N Nys Rte 16 - Photo 15](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f158441536r.jpg)

![2423 N Nys Rte 16 - Photo 16](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f3601386136r.jpg)

![2423 N Nys Rte 16 - Photo 17](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f2019702446r.jpg)

![2423 N Nys Rte 16 - Photo 18](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f931568275r.jpg)

![2423 N Nys Rte 16 - Photo 19](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1795214289r.jpg)

![2423 N Nys Rte 16 - Photo 20](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1283377667r.jpg)

![2423 N Nys Rte 16 - Photo 21](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f3039295490r.jpg)

![2423 N Nys Rte 16 - Photo 22](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1839750079r.jpg)

![2423 N Nys Rte 16 - Photo 23](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f813261015r.jpg)

![2423 N Nys Rte 16 - Photo 24](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f66960546r.jpg)

![2423 N Nys Rte 16 - Photo 25](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f3808001458r.jpg)

![2423 N Nys Rte 16 - Photo 26](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1094950485r.jpg)

![2423 N Nys Rte 16 - Photo 27](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f3446822353r.jpg)

![2423 N Nys Rte 16 - Photo 28](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f3406763641r.jpg)

![2423 N Nys Rte 16 - Photo 29](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f2187730111r.jpg)

![2423 N Nys Rte 16 - Photo 30](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1518120565r.jpg)

![2423 N Nys Rte 16 - Photo 31](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f619414387r.jpg)

![2423 N Nys Rte 16 - Photo 32](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f2715941698r.jpg)

![2423 N Nys Rte 16 - Photo 33](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f3466363993r.jpg)

![2423 N Nys Rte 16 - Photo 34](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f2140991928r.jpg)

![2423 N Nys Rte 16 - Photo 35](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f3145689582r.jpg)

![2423 N Nys Rte 16 - Photo 36](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f364865785r.jpg)

![2423 N Nys Rte 16 - Photo 37](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f1730369427r.jpg)

![2423 N Nys Rte 16 - Photo 38](http://lh.rdcpix.com/d5b53d3f228e8427aba833cec130bceel-f2586685261r.jpg)

---

**MLS#:** R1707403 | **Updated:** 2026-09-22
**Source:** listhub

*Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2423-n-nys-rte-16-olean-ny-14760-r1707403)

---

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