Bars and Pubs Building with Apartment
New
For Lease
$279,900 SF/Yr
309 N Union Street, Olean, NY 14760
COMMERCIAL - Olean, NY
Property Size7,308 SF
Lot Size0.08 Acres
Days on Market5
Property Features for 309 N Union Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Com-1
Zoning description
Commercial
Rooms
Basement
Lot features
Rectangular, Rectangular Lot
Elementary school
Washington West Elementary
Middle school
Olean Middle
High school
Olean Senior High
Elementary school district
Olean
Middle school district
Olean
High school district
Olean
Subdivision
Olean-City-041200
Standard status
Active
APN
041200-094-057-0005-043-000-0000
Size
7,308 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
6890
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Building Details
Year built
1950
Floors in Building
2
Roof type
Rubber, Flat, Membrane
Listing Agency:
Howard Hanna Professionals - Olean
(716) 372-1155
Listed By:
Paul Pezzimenti · License #10301214758
(716) 378-7039
Added: Jul 28
Changed: Jul 31
Last Checked: Aug 1 at 11:06PM
MLS# R1702834
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This bars and pubs building offers commercial ground-level space with two expansive rooms and an additional undeveloped area for storage or expansion of kitchen and public areas. The upstairs level has a remodeled, sprawling layout with two full bathrooms and potential for a multi-bedroom apartment configuration. A current tenant is in place, with the tenant covering electric and the owner covering gas and water.
Zoned Com-1, the property sits on a 0.0826-acre lot with a total property size of 7,308 square feet. It is heated with natural gas and forced air, served by public sewer, and features a flat roof with rubber and membrane roofing components.
Built in 1950, the building’s combined commercial and residential configuration provides flexibility for an owner-occupant or investor seeking to operate the ground level while supporting upstairs residential income or expanded apartment use.
Zoned Com-1, the property sits on a 0.0826-acre lot with a total property size of 7,308 square feet. It is heated with natural gas and forced air, served by public sewer, and features a flat roof with rubber and membrane roofing components.
Built in 1950, the building’s combined commercial and residential configuration provides flexibility for an owner-occupant or investor seeking to operate the ground level while supporting upstairs residential income or expanded apartment use.
Key Highlights
- Com‑1 zoning with commercial ground‑level rooms and upstairs remodeled residential layout
- Two expansive ground‑level rooms plus an additional undeveloped area
- Upstairs remodeled layout with potential for a 4- to 7‑bedroom apartment and two full bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$41,985.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
142k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 23%
Superstores 14%
Apparel 10%
Tim Hortons
Dining
22,363 visits/mo
0.3 miles
Big Lots
Superstores
20,453 visits/mo
0.3 miles
Burger King
Dining
18,000 visits/mo
0.3 miles
Wendy's
Dining
15,997 visits/mo
0.2 miles
JCPenney
Apparel
14,871 visits/mo
0.2 miles
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 Retail in Northeast region
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Similar Off Market Nearby
- The Old Library Restaurant — 116 S Union St, Olean, NY 14760
- Tap Room Tito's Lunches — 310 W State St, Olean, NY 14760
- Talty's Irish Pub — 535 N Union St, Olean, NY 14760
- House’s Parkwood Tavern — 659 E State St, Olean, NY 14760
- Union Whiskey — 184 N Union St, Olean, NY 14760
Frequently Asked Questions
What type of property is this?
Bar & Pub - Downtown Olean building with Com-1 zoning, ground-level rooms, and an upstairs remodeled layout for residential use.
Where is this bar & pub located?
The property is located at 309 N Union Street Olean, NY.
What is the lease rate?
The lease rate is $279,900.
What are key features of this property?
This property features: Com‑1 zoning with commercial ground‑level rooms and upstairs remodeled residential layout; Two expansive ground‑level rooms plus an additional undeveloped area; Upstairs remodeled layout with potential for a 4- to 7‑bedroom apartment and two full bathrooms
