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Olean, MO Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Olean, Missouri Market population: 14K. Compare commercial properties across all major asset classes with...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Olean NY Properties: 2.3700%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Olean NY

Common questions from investors exploring commercial real estate in Olean NY.

What's the overall investment potential of Olean, NY, considering its demographics and economy? +
Olean's median household income of $39,552, combined with a poverty rate of 23.1% and a high health insurance coverage of 94.9%, suggests a stable working-class market with access to employment opportunities, particularly in Public Administration and Manufacturing, which could support rental demand and property appreciation.
How does the city's ethnic diversity and industry landscape impact real estate investment? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, alongside a strong presence of industries like Finance & Insurance and Real Estate & Rental & Leasing, indicates a potentially vibrant market with varied housing needs, which could be favorable for investors looking to cater to different demographic groups and professional communities.
What are the implications of Olean's commute times and transportation infrastructure for real estate investors? +
With an average commute time of just 15.1 minutes and a preference for driving alone, walking, or carpooling, Olean's transportation infrastructure supports a convenient and relatively quick travel experience, which, when combined with its high health insurance rate and low poverty rate compared to other similar cities, makes it an attractive location for both residents and investors seeking stable rental income and property value appreciation.
How do the city's housing market and quality of life metrics influence its attractiveness to real estate investors? +
Olean's median property value of $68,900 and median property taxes of $3,454, set against a backdrop of a 52.8% homeownership rate and an average commute time of 15.1 minutes, suggest a relatively affordable housing market with a good balance between ownership and rental opportunities, making it appealing for investors looking to capitalize on both rental yields and potential long-term property appreciation, especially considering the city's stable employment landscape and high health insurance coverage.
What role does the city's economic inequality and employment rate play in assessing real estate investment potential? +
The GINI coefficient of 0.454, indicating moderate income inequality, coupled with an employed population of 6,700 and a poverty rate of 23.1%, suggests that while there are challenges, the presence of stable industries like Public Administration and Manufacturing can provide a foundation for employment stability, which is crucial for maintaining rental income and supporting property values, making Olean a consideration for investors looking for a balance between risk and potential return in a smaller city context.

Olean NY Real Estate & City Facts

Key facts and real estate information about Olean NY.

What are some of the best neighborhoods to live in Olean? +
Some of the best neighborhoods to live in Olean include All The Windfalls, which is known for its friendly atmosphere and beautiful scenery, and the neighborhood around Seneca Ave. on the east end, which is considered quiet and safe. Other desired areas tend to be in the northeast parts of the city, while more affordable homes are in the northwest regions.
What are some fun things to do in Olean? +
There are plenty of fun things to do in Olean, such as visiting Rock City Park, The Basilica of St Mary of the Angels, Cutco-Ka-Bar Visitors Center, and Four Mile Brewing. You can also take a short road trip to the Eldred World War Two museum or explore the Allegheny National Forest and Allegany State Park for outdoor activities like hiking, fishing, and camping.
What is the food scene like in Olean? +
The food scene in Olean is diverse, with popular restaurants like Beef 'n' Barrel, Brother's Bistro, The Spot 2 Be Restaurant, and Mirchi Bar & Grill. There are also plenty of great food trucks and eateries, such as Eatery Olean, which offers a delightful dining experience. Additionally, you can find Asian cuisine at Arctic Bite and Mexican food at Ellicottville Tap + Bottle & Taqueria.
What are the pros and cons of living in Olean? +
The pros of living in Olean include its friendly atmosphere, beautiful scenery, and outdoor recreational opportunities. However, some cons include a higher poverty rate and crime rate compared to other cities. The median household income is around $39,552, and the median property value is $68,900. Overall, Olean is a charming city with its own unique character and challenges.
Is Olean a good place to live? +
Olean can be a good place to live for those who appreciate its small-town charm and outdoor recreational opportunities. While it faces some challenges like poverty and crime, the city has its own unique character and a strong sense of community. Ultimately, whether Olean is a good place to live depends on your individual preferences and priorities.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Olean NY Commercial Property: $39,552

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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