2646 Rte. 16 Way N., Olean, NY

Others for Sale - $500,000 - 1,274 Sq. Ft. on 1 acres


Agent Info

Rae Ellen Kyler
CENTURY 21 Turner Brokers

Property Info

CIMLS#1188298
Location
  2646 Rte. 16 Way N.
  Olean NY 14760
UpdatedMarch 8th, 2026
TypeOthers
Price$500,000
Building1,274 Sq. Ft.
Land1 acres

Property 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.


Financials