# 2646 Rt-16 Way N, Olean, NY 14760

> **TL;DR:** single family, $500,000 ($8/sqft), built 1950, 60,840 sqft. Est. $2,167/mo. Listed 98 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $500,000 |
| Price/sqft | $8 |
| Square Feet | 60,840 |
| Year Built | 1950 |
| Lot Size | 60,984 sqft (1.40 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 98 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,167 |
| **Total** | **$2,167** |

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 2646 Rt-16 Way N, Olean, NY 14760
- **County:** Cattaraugus
- **Coordinates:** 42.113317, -78.415583
- **Google Maps:** https://www.google.com/maps?q=42.113317,-78.415583

## Listing Agent

- **Name:** Thomas Turner
- **Brokerage:** Century 21 Turner Brokers
- **Phone:** 7166403912
- **Email:** tom@c21turnerbrokers.com

## Primary Photo

![2646 Rt-16 Way N - Primary Photo](http://lh.rdcpix.com/6fe3a199e29d291396a65242c18cb813l-f2259234674r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/2646-rt-16-way-n-olean-ny-14760-r1663469)*

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**MLS#:** R1663469 | **Updated:** 2026-06-17
**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.com/listing/2646-rt-16-way-n-olean-ny-14760-r1663469)

---

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