2801 W State St

2801 W State St, Olean, NY 14760

Property Information

  • For Lease $15.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 117,946 SF
  • Units 4
  • Lot Size 11.62 Acre
  • Parking Spaces Avail. 590
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1994
  • Year Renovated 2022
  • Date Updated May 18, 2026

Description

Olean is the commercial and economic hub of Cattaraugus County, serving as a regional destination for shopping, dining, and business. Positioned near I-86, the city offers excellent accessibility and draws visitors from surrounding areas. Home to St. Bonaventure University, national retailers, and major employers like Cutco Corp and Dresser-Rand, Olean combines a strong workforce with a vibrant retail and service economy. Its growing community and strategic location make it an ideal place for businesses to thrive.Maximize visibility and minimize upfront costs—now offering up to 6 months of free rent for qualified tenants. This 4,800 SF retail suite at Marshalls Plaza can be delivered whole or divided to accommodate smaller users. The space features 20' ceilings, an open floor plan, excellent signage (building and pylon), and traffic light access at one of Olean’s most active intersections. Strategically anchored by Marshalls, Ollie’s Bargain Outlet, and Hobby Lobby, the plaza benefits from over 830,000 annual visits and 16,300 AADT. Weekly traffic averaged over 8,500 visits in 2025, placing it in the top 13% of all neighborhood centers nationwide Located at 2801 W State Street, the center serves a broad regional customer base and is near key demand drivers, including Walmart Supercenter, Home Depot, St. Bonaventure University, and top area employers such as Cutco and Dresser-Rand. Whether you’re a boutique retailer, a fast casual restaurant, or a service-based business, this is a high-visibility opportunity with flexible suite sizes and generous incentives. Let’s talk—spaces are customizable, and incentives won’t last.

Highlights

  • 40' of Retail Frontage
  • Abundant Natural Light
  • High Ceilings
  • High Foot Traffic Plaza
  • Large Building Signage
  • Pylon Signage
  • Strong Co-Tenants

1 Space Available

End Cap

Space Type

Retail

Lease Rate

$15.00/SF/YR

Total Space

4,800 SF

Divisible Space

4,800 - 4,800 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

This open-floor-plan suite with 20-foot ceilings is located in a high-traffic neighborhood plaza anchored by Marshalls, Ollie’s, and Hobby Lobby. Featuring pylon and building signage opportunities, 590-car parking, and traffic light access, this location sees over 830,000 annual visits and 16,307 AADT. Positioned near I-86, Walmart, and St. Bonaventure University, it’s perfect for retail concepts looking to thrive. Available for immediate tenancy at $15 PSF NNN.

Contacts

Michael Conroy

eXp Commercial

Location

Contact Listing Broker
Michael Conroy

eXp Commercial

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