Downtown Mixed-Use
New
For Sale
$279,900
309 N Union Street, Olean, NY 14760
Commercial rooms occupy the ground level, with a remodeled residential layout and an existing tenant upstairs.
Property Size7,308 SF
Price / SF$38.30
Days on Market4
Property Features for 309 N Union Street
General Information
Standard status
Active
Size
7,308 SF
Additional Details
Average Monthly Rent
$2,000
Utilities to Site
Yes
Multifamily Units
1
Building Details
Buildings
1
Listing Agency:
Howard Hanna Professionals - Olean
(716) 372-1155
Listed By:
Paul Pezzimenti · License #10301214758
(716) 378-7039
Source:
Nicholcityrealty
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 6:11AM
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 mixed-use building at 309 N Union Street in Olean has commercial space on the ground floor, including two large rooms and an additional unfinished area. The second floor has been remodeled and is arranged as a residential space with two full bathrooms. Its layout could accommodate a 4- to 7-bedroom apartment, according to the stated configuration potential.
A tenant currently occupies the upstairs residential space and pays for electricity; the owner covers gas and water. The property combines ground-floor commercial space with an occupied residential level.
A tenant currently occupies the upstairs residential space and pays for electricity; the owner covers gas and water. The property combines ground-floor commercial space with an occupied residential level.
Key Highlights
- Two ground‑floor commercial rooms plus additional unfinished space
- Remodeled second‑floor residential layout with two full bathrooms
- Upstairs configuration has potential for a 4- to 7‑bedroom apartment
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
142k
Monthly Visits Nearby
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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial rooms occupy the ground level, with a remodeled residential layout and an existing tenant upstairs.
Where is this mixed-use property located?
The property is located at 309 N Union Street 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: Two ground‑floor commercial rooms plus additional unfinished space; Remodeled second‑floor residential layout with two full bathrooms; Upstairs configuration has potential for a 4- to 7‑bedroom apartment
