Up to 6 Months Free Rent | Flexible Retail Space at Marshalls Plaza | Olean, NY

2801 W State St Olean, NY 14760

2801 W State St, Olean, NY, 14760
2801 W State St, Olean, NY, 14760 2801 W State St, Olean, NY, 14760 2801 W State St, Olean, NY, 14760 2801 W State St, Olean, NY, 14760 2801 W State St, Olean, NY, 14760
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Feb 05, 2026

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Highlights

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

Description

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.

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.


Year Built: 1994
Building Size: 117946sq ft
Building Class: C
Lot Size: 11.62 acres


Documents

Marshalls Plaza Flyer.pdf

Units for Lease

End Cap
Space Available: 4800 SF
Lease Type: NNN

Price Per Sqft/Year: $15.00

Map of 2801 W State St, Olean, NY, 14760

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.