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Office Unit with Open Workspace
For Lease
$1,600/Mo

120 N Union Street, Olean, NY 14760

Corner office unit with private offices, conference space, and separate utilities.

Space Size2,400 SF
Days on Market743

Property Features for 120 N Union Street

General Information

Standard status Active
Size 2,400 SF
Net Rentable 2,400 SF
Total Parking Spaces 2
Zoning Com1, Commercial

Space & Availability

Available Space 2,400 SF
Contiguous Space 2,400 SF
Space Use Office
Private Offices 4
Meeting Rooms 1

Lease Terms

Lease Rate $1,600 /USD/MO
Monthly Rent $1,600
Rent per SF/Year $8

Amenities

breakroom area
storage
full basement
forced air heat
central air
separate utilities

Building Details

Building Size 2,397 SF
Year Built 1920
Buildings 1
Stories 1
Listing Agency: Real Estate Pros & More
Listed By: Kenneth M. Bailey · License #10371200907
Source: Homeprocny
Added: Aug 8, 2024 Changed: Aug 20 Last Checked: Aug 20 at 3:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Pros & More

Investment Insights

Based on property information with market context.

The office unit at 120 N Union Street provides approximately 2,400 square feet of commercial space. The layout includes four private offices, a conference room, and more than 1,200 square feet of open-floor area, along with two bathrooms, a breakroom, and storage. A full basement provides additional storage space.

The property has forced-air heat, central air, and separate utilities. Built in 1920, the space is zoned Com1, Commercial, and is located in Olean, New York.

Key Highlights

  • Approximately 2,400 square feet of office space
  • Four large private offices plus a conference room
  • More than 1,200 square feet of open‑floor space

Property Analytics

Current Use

The Old Library Inn Hotel & Motel Leadership Cattaraugus Association / Organization Chamber of Commerce Business Service Center Cattaraugus Economic Dev ... Charitable Organization

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

753
Businesses Nearby

Demographics for 14760, NY

18,031
Population
8,917
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
277
Density / Sq Mi
$52,569
Median Household Income
$35,754
Median Earnings
$777
Median Rent
$99,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Corner office unit with private offices, conference space, and separate utilities.
Where is this office units located?
The property is located at 120 N Union Street Olean, NY.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: Approximately 2,400 square feet of office space; Four large private offices plus a conference room; More than 1,200 square feet of open‑floor space
More about this property
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