Warehouse & Distribution

1414 East State Street Olean, NY 14760

1414 East State Street, Olean, NY, 14760
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FOR LEASE
Property Type:
Factory
Amount:
Please Call Broker for Price

Last Verified:
Nov 13, 2024

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Highlights

  • Located in an Empire Zone (EZ), Offering Huge Tax Benefits
  • Site has Water, Sewer, Electricity, Gas, and Telephone
  • Situated on 8.4 AC of land
  • 16'-24' Ceiling Heights
  • Ample Parking
  • Fully Sprinklered
  • Access to WNY Pennsylvania Railroad

Description

Olean, NY area warehouse-distribution-manufacturing facility now available for lease. 42,000+/- square feet of warehouse space situated on a lot measuring approximately 8.4 acres. 3 truck level doors, 16' to 24' clear ceiling heights, rail access available to WNY Pennsylvania Rail Road, switch and transformer on-site, heavy industrial power, fully sprinklered, rubber membrane roof, concrete floors, back-up generator, security system. Also available is 10,000 +/- sf air-conditioned office area. There is ample parking with approximately 200 spaces. This property is ideal for manufacturing, distribution & office use.
Also available for a separate price at 1401 E. State Street is a 10.5 +/- acre field across the street from the plant with rail access to WNY Pennsylvania Rail Road, and two smaller buildings approximately 5,000 +/- SF. 1401 East State Street consisting of 10.5 +/- acres of land is ready for development. Active rail access to WNY Pennsylvania Rail Road. 718' +/- of frontage on E. State Street, and 621' +/- frontage on N. Clark Street. Both properties are located in the Empire Zone "EZ" areas, which guarantees development incentives, such as tax benefits. Strategically located with access to the I-86 Southern Tier Expressway exit 17 of the Southern Tier Expressway. Central to all Western NY, Northern PA., and Southern Ontario, Canada. Call Rick Recckio 716-998-4422 for additional information or email at Rick@Recckio.com

Strategically located with excellent access to exit 17 of the Southern Tier Expressway (I-86). Central to all of Western New York, Northern Pennsylvania and Southern Ontario, Canada. Located within a day's drive of 75 percent of the population of North America. Ideal for: manufacturing, distribution center, oil and gas industry, warehousing, storage.


Year Built: 1942
Building Size: 276444sq ft
Lot Size: 8.4 acres


Documents

Sale/Lease Brochure

Units for Lease

1414 East State Street, Olean, NY 14760
Space Available: 276444 SF
Lease Type: Gross

Price Per Sqft/Month: $4.50

Map of 1414 East State Street, Olean, NY, 14760

Presented by:
Recckio Real Estate & Development, Inc.

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Rick Recckio


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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.