Mixed-Use Building with
For Sale
$174,900
318 Wayne St, Olean, NY 14760
Two apartments accompany a first-floor commercial space with dedicated support areas.
Property Size5,594 SF
Price / SF$31.27
Days on Market13
Property Features for 318 Wayne St
General Information
Standard status
Active
Size
5,594 SF
Property subtype
Multi-Family
Building Details
Year Built
1890
Buildings
1
Listing Agency:
Real Estate Pros & More
(716) 372-7100
Listed By:
Kenneth M. Bailey · License #10371200907
Source:
Skinnercnyrealty
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 29 at 11:53AM
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 Real Estate Pros & More
Investment Insights
Based on property information with market context.
Built in 1890, this mixed-use property combines two apartments with approximately 2,100 square feet of first-floor commercial space. The residential portion includes a studio-style apartment with a full kitchen and bathroom, along with a two-bedroom apartment featuring a living room, kitchen, and full bathroom. Both units provide access to large porch areas.
The commercial area includes broad storefront windows, a bathroom, multiple storage rooms, updated flooring, fresh paint, and a new HVAC system. An attached one-car garage adds storage and functional utility. Located at 318 Wayne St in Olean, NY, the property brings residential and commercial components together within one building.
The commercial area includes broad storefront windows, a bathroom, multiple storage rooms, updated flooring, fresh paint, and a new HVAC system. An attached one-car garage adds storage and functional utility. Located at 318 Wayne St in Olean, NY, the property brings residential and commercial components together within one building.
Key Highlights
- Approximately 2,100 sq. ft. of first‑floor commercial space
- Two apartments: one studio‑style unit and one two‑bedroom unit
- Commercial area includes storefront windows, bathroom, and multiple storage rooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,048
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 - Two apartments accompany a first-floor commercial space with dedicated support areas.
Where is this mixed-use property located?
The property is located at 318 Wayne St Olean, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Approximately 2,100 sq. ft. of first‑floor commercial space; Two apartments: one studio‑style unit and one two‑bedroom unit; Commercial area includes storefront windows, bathroom, and multiple storage rooms
