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Mixed-Use Building in Downtown Olean

309 N Union St, Olean, NY 14760

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For Sale

$279,900

Mixed-use property with commercial space and residential potential in downtown.

Type:Commercial

HighLights

Prime downtown location at the heart of Olean's revitalization efforts.
Mixed‑use property with commercial ground floor and remodeled residential second floor.
Second floor offers a flexible layout, perfect for a large apartment (4‑7 bedrooms) or division into multiple units for income.
Commercial space is suitable for reviving a bar/restaurant or launching a new retail concept.
Significant undeveloped area on the ground floor allows for expansion or storage.
High walk score (75) indicates convenient access to amenities.

We can help!

Listing Contact

Paul Pezzimenti

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For Sale

$279,900

Mixed-use property with commercial space and residential potential in downtown.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 8:09 pm

Property Features for 309 N Union St

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1950

We can help!

Listing Contact

Paul Pezzimenti

Listing agent Paul Pezzimenti License #10301214758

Listing office Howard Hanna Holt Real Estate

Listing date Apr 24, 2026

Source Elliman

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 Howard Hanna Holt Real Estate

HighLights

Prime downtown location at the heart of Olean's revitalization efforts.
Mixed‑use property with commercial ground floor and remodeled residential second floor.
Second floor offers a flexible layout, perfect for a large apartment (4‑7 bedrooms) or division into multiple units for income.
Commercial space is suitable for reviving a bar/restaurant or launching a new retail concept.
Significant undeveloped area on the ground floor allows for expansion or storage.
High walk score (75) indicates convenient access to amenities.

Overview

This mixed-use property is located in the heart of downtown Olean. The commercial ground-level features two expansive rooms suitable for a bar, restaurant, or retail concept, along with a significant undeveloped area that offers versatility for expanding the kitchen, creating more floor space, or providing storage. The second floor has been remodeled to feature a sprawling layout with potential for a 4- to 7-bedroom apartment with two full bathrooms. This residential space is suitable for a large owner-occupied unit, student housing, or division into two apartments for dual income streams. The property is positioned at the center of downtown revitalization efforts. The building formerly housed the Village Green Pub and offers a canvas for a new owner. The location is very walkable with a walk score of 75 and bikeable with a bike score of 67.

Location Intelligence

Current Use by Public Records

Fraternal Order of Eagles Charitable Organization

Suggested Use

Location Insight

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Local Demand

City: Olean
County: Cattaraugus
State: New York
Longitude: -78.4302756
Latitude: 42.0818296

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For sale
Mixed-use properties
NY
Olean
14760
309 N Union St

What type of property is this?

Mixed-use property - Mixed-use property with commercial space and residential potential in downtown.

Where is this mixed-use property located?

The property is located at 309 N Union St Olean, NY.

What is the asking price?

The asking price for this property is $279,900.

What are key features of this property?

This property features: Prime downtown location at the heart of Olean's revitalization efforts.; Mixed‑use property with commercial ground floor and remodeled residential second floor.; Second floor offers a flexible layout, perfect for a large apartment (4‑7 bedrooms) or division into multiple units for income.