457 N Union St Olean, NY 14760

Listing agency Recckio Real Estate and Development r***@recckio.com Show Phone

Listed by Rick Recckio · License #NY #31RE0821429 Show Phone

Source Recckio

Added: Nov 25, 2025 Updated: Jul 6 at 10:10AM Checked: Jul 21 at 4:58AM

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Investment Insights

Based on property information with market context.

This property, constructed in 1902, is a retail building with approximately 5778 square feet of space. It is located in a prime downtown location with large storefront windows. The property includes two one-bedroom efficiency apartments upstairs, each approximately 30 by 28 feet, which can be used for income or combined into condominium-style living. The property is zoned for commercial use and is situated in a high-traffic area, making it an excellent street retail location. It offers potential for mixed-use development and is ideal for a retail investor. The location is in a lively commercial area that blends small-town charm with business activity and benefits from its proximity to popular amenities, including the Beef-N-Barrel Restaurant, Green Acres Cafe, Tim Hortons, and Ray's Salon & Barbershop.

Key Highlights

• Prime downtown location in a high‑traffic area of Olean.
• Potential for mixed‑use development (retail and residential).
• Includes two one‑bedroom efficiency apartments for income or condominium conversion.

Property Analytics

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Similar Off Market Nearby

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FAQs

What type of property is this?

Storefront property - Mixed-use building in high-traffic area with income potential.

Where is this storefront property located?

The property is located at 457 N Union St Olean, NY.

What is the asking price?

The asking price for this property is $170,000.

What are key features of this property?

This property features: Prime downtown location in a high‑traffic area of Olean.; Potential for mixed‑use development (retail and residential).; Includes two one‑bedroom efficiency apartments for income or condominium conversion.