Mixed-Use Property with
New
For Lease
$279,900
309 N Union St, Olean, NY 14760
Commercial space occupies the ground floor, while the remodeled upper level provides a flexible residential layout with two full bathrooms.
Space SizeContact for details
Days on Market5
Property Features for 309 N Union St
General Information
Standard status
Active
Building Details
Year Built
1950
Listing Agency:
Howard Hanna Professionals - Olean
(716) 378-7039
Listed By:
Paul Pezzimenti · License #10401272385
Source:
Skinnercnyrealty
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 29 at 5:02PM
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 Professionals - Olean
Investment Insights
Based on property information with market context.
This 7,308-square-foot mixed-use property, built in 1950, combines commercial space with an extensively remodeled residential level. The ground floor contains two large rooms and an unfinished area that can accommodate additional kitchen, public, or storage space. The upper floor is configured for a spacious apartment with a flexible four- to seven-bedroom layout and two full bathrooms. Residential improvements are largely complete, and the space is currently occupied by a tenant. The commercial component was previously used as a pub and is positioned for a new bar, restaurant, retail, or other compatible concept supported by the existing layout. The building is located in downtown Olean at 309 N Union St.
Key Highlights
- 7,308‑square‑foot mixed‑use property built in 1950
- Ground floor includes two large commercial rooms plus an undeveloped area
- Upper level supports a 4- to 7‑bedroom apartment layout
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
873
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 Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space occupies the ground floor, while the remodeled upper level provides a flexible residential layout with two full bathrooms.
Where is this mixed-use property located?
The property is located at 309 N Union St Olean, NY.
What is the lease rate?
The lease rate is $279,900.
What are key features of this property?
This property features: 7,308‑square‑foot mixed‑use property built in 1950; Ground floor includes two large commercial rooms plus an undeveloped area; Upper level supports a 4- to 7‑bedroom apartment layout
