3142 West State Street - 3,080+/- SF Retail Space

For Lease

3142 West State Street, Olean, NY 14760

You can currently find 1 retail space(s) available for lease at 3142 West State Street - 3,080+/- SF Retail Space. Designated use type for space listed here includes retail. Current retail listings at this property total 3,080 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 3142 West State Street - 3,080+/- SF Retail Space.

Space Available For Lease 1

Contacts

broker
Rick Recckio

Recckio Real Estate & Development

Property Details

  • Property Type Retail - Strip
  • Property Size 53,900 SF
  • Lot Size 4 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1972
  • Year Renovated 2008
  • Date Updated May 12, 2025
Located in a thriving commercial hub that features a mix of national and local businesses. Nearby, you'll find the Walmart Supercenter Plaza, a major retail destination offering a wide range of shopping options. Home Depot is also in close proximity, catering to home improvement and construction needs. Other national tenants in the area include Old Navy, Sally Beauty, and GNC, providing a variety of services and products. This location is ideal for commercial development, benefiting from the steady flow of customers drawn to these established businesses.An exceptional opportunity awaits at 133 Independence Drive in Olean, NY. This prime piece of 2.73+/- acres of vacant land is perfectly positioned for commercial development, offering endless possibilities for businesses or investors looking to capitalize on its strategic location. Generous acreage suitable for a variety of commercial uses. Flexible zoning to accommodate retail, office, or mixed-use developments. Access to essential utilities, including water, electricity, and sewer connections.This 3,080+/- SF retail space is located within Walmart Supercenter Plaza, a premier shopping center designed to cater to national tenants. Anchored by a top-performing Walmart Supercenter, which ranks in the top 5% of Walmart locations nationwide with estimated annual sales nearing $200 million, this center offers unparalleled visibility and customer traffic. Walmart's lease extends through 2031, with an additional 10-year renewal option, ensuring long-term stability. The shopping center features a robust lineup of national tenants, including BJ's Wholesale Club with gas, Home Depot, AMC Theaters, Old Navy, Verizon, Bath & Body Works, GNC, Maurices, SuperCuts, Spectrum, GameStop, Pet Supplies Plus, Sally Beauty, Shoe Show, and Zoom Tan. These tenants have demonstrated their commitment to the location by extending their leases to align with Walmart's lease expiration. Walmart Plaza benefits from its proximity to St. Bonaventure University, located less than half a mile away, which is home to approximately 2,500 students and faculty. The center also draws customers from the surrounding towns of Allegany and Olean, as well as the broader region, making it the dominant shopping destination in the area. The property includes multiple large pylon signs, providing excellent visibility for tenants. With 2,000+/- parking spaces that remain consistently full, the center ensures convenience for shoppers.
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Highlights

  • 3,080+/- SF Retail Space
  • Located within the Walmart Supercenter Plaza
  • Excellent Location
  • Infrastructure already in Place
  • Two (2) Signalized entrances
  • Visibility from I-86 and West State Street
  • Over 16,000 AADT on W. State Street

Getting around

  • 47/100

    Walk Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Olean, NY
  • Zip Code 14760

Points of Interest

  • Kwik Fill

    0.14 miles

  • Town of Allegany Garage

    1.58 miles

  • Truck Parking

    3.67 miles

  • Portville CSD Elementary Parking

    7.66 miles

  • Portville CSD Temporary Parking

    7.72 miles

  • Lake View Chinese Restaurant

    0.20 miles

  • Perkins

    0.39 miles

  • Dunkin'

    0.44 miles

  • McDonald's

    0.50 miles

  • Mangia's 2.0

    1.65 miles

  • Old Library Restaurant

    1.99 miles

  • Wendy's

    2.02 miles

  • Burger King

    2.07 miles

  • Sprague's Maple Farms

    7.84 miles

  • Walmart Supercenter

    0.10 miles

  • ALDI

    0.42 miles

  • Tops

    0.61 miles

  • Ried's Food Barn

    2.09 miles

3142 West State Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 3142 West State Street - 3,080+/- SF Retail Space asks $16.00/SF/YR per square foot.

  • The property includes 3,080 square feet of retail space for lease. Of this total, 3,080 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    3142 West State Street was last renovated in 2008.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Rick Recckio

Recckio Real Estate & Development

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