Mixed-Use Building in Downtown
309 N Union Street, Olean, NY 14760
- Added:
- Jan 5, 2026
- Days on Market:
- 128
- Last Refresh:
- May 13 at 11:06 pm
Property Features for 309 N Union Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COM 1
- Rooms
- Basement
- 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
- 6734
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Roof type
- Membrane, Flat, Rubber
Listing agent Paul Pezzimenti License #10301214758 (716) 378-7039
Listing office Howard Hanna Professionals - Olean 410 Wayne Street, Mayville, NY (716) 372-1155
Listing date Jan 5, 2026
MLS# R1656394
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.
HighLights
- Prime downtown location at the heart of Olean's revitalization efforts.
- Mixed‑use property with commercial ground‑level and remodeled residential second floor.
- Sprawling second‑floor apartment with potential for 4‑7 bedrooms and two full bathrooms.
- Versatile commercial space suitable for a bar, restaurant, retail, or expansion.
- Flexible residential space ideal for owner‑occupation, student housing, or dual‑income apartments.
- Property includes forced air heating, natural gas, public sewer, and a basement.
Overview
Located in downtown Olean, this mixed-use property offers a commercial ground-level space and a remodeled second floor. The commercial space features two expansive rooms suitable for a bar, restaurant, or retail concept, along with an undeveloped area for kitchen expansion, floor space, or storage. The second floor has been remodeled into a sprawling layout with the potential for a 4- to 7-bedroom apartment with two full bathrooms. This residential space is suitable for owner-occupancy, student housing, or division into two apartments for dual income streams. The property is positioned at the center of downtown revitalization efforts. The building offers a chance to establish a new venture with built-in residential income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Fraternal Order of Eagles
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- Olean
- County
- Cattaraugus
- State
- New York
- Longitude
- -78.430274
- Latitude
- 42.081838
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial space and residential potential.
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: Prime downtown location at the heart of Olean's revitalization efforts.; Mixed‑use property with commercial ground‑level and remodeled residential second floor.; Sprawling second‑floor apartment with potential for 4‑7 bedrooms and two full bathrooms.
