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  1. Retail Space
  2. NY
  3. Olean

2801 W State St

For Lease 4,800 SF

2801 W State St, Olean, NY 14760

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.

Key features

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

Rental Details

  • Number of spaces 1
  • Total square feet available 4,800 SF
  • For Lease $15.00/SF/YR
  • Space Type Retail
  • Lease Type NNN
  • Latest Update Nov 1, 2026
View Attachment
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True

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand

1 Space Available

Space Name Space Type Lease Rate Total Space Floor Lease Type Expand
End Cap Retail $15.00/SF/YR 4,800 SF - NNN

End Cap

Space Type

Retail

Lease Rate

$15.00/SF/YR

Additional Rent

Price on request

Total Space Available

4,800 SF

Divisible Space

4,800 - 4,800 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St

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.

End Cap

Space Type
Retail
Lease Rate
$15.00/SF/YR
Total Space
4,800 SF
Lease Type
NNN
Space Type

Retail

Lease Rate

$15.00/SF/YR

Additional Rent

Price on request

Total Space Available

4,800 SF

Divisible Space

4,800 - 4,800 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St
2801 W State St

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

broker
Michael Conroy

eXp Commercial

Building Details

  • For Lease $15.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 117,946 SF
  • Units 4
  • Lot Size 11.62 Acre
  • Additional Rent Price on request
  • 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 Nov 1, 2026

Location

  • City Olean, NY
  • Zip Code 14760
  • Map
  • Street
  • Walk score 40/100 Car-Dependent
  • Bike score 46/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Kwik Fill

0.46 miles

Town of Allegany Garage

2.06 miles

Truck Parking

4.10 miles

Portville CSD Elementary Parking

7.22 miles

Portville CSD Temporary Parking

7.28 miles

ALDI

0.16 miles

Tops

0.26 miles

Walmart Supercenter

0.53 miles

Ried's Food Barn

1.73 miles

Listing Summary

  • Retail Space Costs at 2801 W State St

    The asking rent for retail space in this property starts at $15.00/SF/YR.

  • Property Characteristics

    This retail property is rated Class C based on its characteristics, amenities, and location. Located at 2801 W State St, it was completed in 1994 and last renovated in 2022.

    2801 W State St offers 590 parking spots, making for a parking ratio of 5.00 / 1,000 SF.

  • Retail Space Available

    The property exclusively contains Retail space totaling 4,800 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
Contact Michael Conroy
broker
Michael Conroy

eXp Commercial

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