Mixed-Use Building with Hardwood
For Lease
$130,000
538 N Union Street, Olean, NY 14760
Original architectural details support retail, office, restaurant, and event uses in a flexible commercial setting.
Space Size6,000 SF
Property Size6,576 SF
Days on Market818
Property Features for 538 N Union Street
General Information
Standard status
Active
Size
6,000 SF
Net Rentable
6,000 SF
Zoning
GC, Commercial
Space & Availability
Available Space
6,000 SF
Contiguous Space
6,000 SF
Taxes and HOA fees
Annual Taxes
$11,236
Amenities
soaring ceilings
hardwood floors
Building Details
Building Size
6,576 SF
Year Built
1930
Buildings
1
Stories
2
Listing Agency:
Real Broker NY LLC
(716) 481-8385
Listed By:
Merritt Kreutzer
(716) 481-8385
Source:
Homeprocny
Added: May 16, 2024
Changed: Aug 7
Last Checked: Aug 10 at 11:14AM
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 Broker NY LLC
Investment Insights
Based on property information with market context.
Built in 1930, this mixed-use property at 538 N Union Street in Olean, NY, offers more than 6,000 square feet of commercial space. The building retains original hardwood flooring and high ceilings, creating a distinctive interior framework for a range of business configurations. Potential applications identified for the property include retail, office, restaurant, and event use.
The building occupies a position along the town’s main commercial strip and is zoned GC, Commercial. Its combination of flexible floor area, preserved architectural details, and multiple stated use possibilities supports consideration by operators seeking a property that can accommodate different commercial formats.
The building occupies a position along the town’s main commercial strip and is zoned GC, Commercial. Its combination of flexible floor area, preserved architectural details, and multiple stated use possibilities supports consideration by operators seeking a property that can accommodate different commercial formats.
Key Highlights
- More than 6,000 square feet of commercial space
- Built in 1930
- Original hardwood flooring and high ceilings
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,015
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Original architectural details support retail, office, restaurant, and event uses in a flexible commercial setting.
Where is this mixed-use property located?
The property is located at 538 N Union Street Olean, NY.
What is the lease rate?
The lease rate is $130,000.
What are key features of this property?
This property features: More than 6,000 square feet of commercial space; Built in 1930; Original hardwood flooring and high ceilings
