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About This Home

This 0-bedroom, 0-bathroom single family at 2646 Rt-16 Way N in Olean, NY is listed for $500,000 ($8 per sqft). Built in 1950, the home offers 60,840 sqft of living space on a 1.40 acres lot.

Agent Description

Auto Repair Shop-Do not miss this incredible established business/investment opportunity, which has been in service for 23 years, and to purchase a successful 9,600 square foot auto repair shop located on NYS RTE. 16, with high visibility, high traffic count, and 40+ surfaced parking spaces on both sides of the shop and in front.

Has 2 ten foot overhead bay doors with two car lifts. Take advantage of this freestanding turnkey cash-flowing commercial asset with an attached office/main lobby that is ideal for customer intake and waiting room. There is also a utility/storage room at the back of the main office/lobby area with attached Semi Trailer for extra storage.

There's a half bath, pellet stove for backup heat, water tank and breaker box. The garage area is heated with a forced air overhead blower. Equipment, tools, Office furniture, Exhaust inventory, and NYS Inspection Machine, and more, will transfer upon purchase.

Ask for the list of Equipment that will transfer. Also, established repeat customer list will be transferred. There are two lots totaling 1.4 acres. The back vacant lot has an extra septic that has not been used for some time. There used to be two mobile homes on the back lot. No underground storage tanks. Electric hot water tank Rubber roof is 20 years old. Seller will allow new owner to keep the name if they want to and will stay on to help with getting them established if needed.

Key Features

  • Built in 1950
  • 1.40 acre lot
  • 40 parking spaces

Property Details

1 story
40 spaces
1950

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

2646 Rt-16 Way N

Olean, NY 14760

Property Details

Flooring

Concrete

Parking

Paved or Surfaced

Heating

OilForced Air

Questions & Answers

This 0-bedroom, 0-bathroom single family at 2646 Rt-16 Way N is listed at $500,000 ($8/sqft). The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 1.40 acre lot, 40 parking spaces.

This property is listed by Thomas Turner and can be reached at 7166403912 or tom@c21turnerbrokers.com.

TT

Thomas Turner

Agent at Century 21 Turner Brokers

(716) 640-3912

Listed by Century 21 Turner Brokers

MLS# R1663469· Source: listhub· Updated 98 days ago

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.

2646 Rt-16 Way N, Olean, NY 14760

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