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Mixed-Use Property With Restaurant
For Sale
Contact for pricing
Pending

186 and 188 N Union St, Olean, NY 14760

Combined corner-lot buildings pair an operating dining venue with four residential apartments and additional build-out potential.

Property SizeContact for details
Days on Market142

Property Features for 186 and 188 N Union St

General Information

Standard status Pending
Property subtype Retail, Mixed Use

Space & Availability

Floor Ground
Furnished Yes

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes
Multifamily Units 4

Amenities

fire pit

Building Details

Buildings 1
Listing Agency: Claudia Attard-Keary
Listed By: Claudia Attard-Keary · License #40AT1023399
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:15PM

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 Claudia Attard-Keary

Investment Insights

Based on property information with market context.

This mixed-use property combines two formerly separate buildings into one larger corner-lot asset. Brothers Bistro occupies the main floor with restaurant furnishings and equipment included, along with catering contracts. The property also contains four apartments on the upper level, with the stated potential to create two more residential units.

Located at 186 and 188 N Union St in downtown Olean, the building includes an outdoor fire pit and seating area in front of the restaurant. The configuration brings together a ground-floor commercial operation and residential space within the same property, offering a combination of restaurant infrastructure and existing apartments.

Key Highlights

  • Combined two‑building corner‑lot property at 186 and 188 N Union St
  • Brothers Bistro occupies the main floor with equipment and furnishings included
  • Four apartments above the restaurant

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Kitchen & Bath Showroom Electrical Service Nail Salon HVAC 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

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

873
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined corner-lot buildings pair an operating dining venue with four residential apartments and additional build-out potential.
Where is this mixed-use property located?
The property is located at 186 and 188 N Union St Olean, NY.
What are key features of this property?
This property features: Combined two‑building corner‑lot property at 186 and 188 N Union St; Brothers Bistro occupies the main floor with equipment and furnishings included; Four apartments above the restaurant
More about this property
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