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Regional Mall Retail Space Available
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400 North Union Street, Olean, NY 14760

Retail spaces available in regional mall with high traffic.

Space Size1,600 SF
Days on Market314

Property Features for 400 North Union Street

General Information

Standard status Active
Size 1,600 SF
Property subtype Retail

Spaces For Lease

at 400 North Union Street
Olean Mall Retail Space
Size 1,600 SF
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Recckio Real Estate & Development, Inc.
Listed By: Rick Recckio · License #NY #31RE0821429
Source: Recckio
Added: Nov 25, 2025 Changed: Sep 19 Last Checked: Oct 4 at 8:19AM

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 Recckio Real Estate & Development, Inc.

Investment Insights

Based on property information with market context.

The property is a single-level regional mall with a total gross leasable area of 316,345 square feet. Available spaces range from 1,000 to 73,017 square feet. Anchor tenants include JC Penny's and Kohl's. The mall benefits from a surrounding population of approximately 35,237 residents within a 10-mile radius, with an average household income of $56,623. The Olean Center Mall is situated in downtown Olean, New York, near the New York/Pennsylvania border. It is located on N. Union Street, at the intersection of Routes 16 and Wayne St. The location offers ample parking and high visibility. Traffic counts are 13,500 daily on Route 16 and 17,500 on Route 417. The property is adjacent to Jamestown Community College and across from CVS, Rite Aid, Wendy's, Burger King, and Tim Hortons. Nearby are the U.S. Postal Service, Pizza Hut, Subway, Olean Middle & High School, and Dresser-Rand. The mall is located just off the I-86 Interstate Highway, accessible from the Alleghany or Constitution/Wayne St. ramps.

Key Highlights

  • High traffic location in downtown Olean at the intersection of Routes 16 and Wayne St. (13,500‑17,500 daily traffic count).
  • GLA of 316,345 sq. ft. with available spaces ranging from 1,000 to 73,017 sq ft.
  • Anchored by JC Penny's and Kohl's.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Shopping mall - Retail spaces available in regional mall with high traffic.
Where is this shopping mall located?
The property is located at 400 North Union Street Olean, NY.
What are key features of this property?
This property features: High traffic location in downtown Olean at the intersection of Routes 16 and Wayne St. (13,500‑17,500 daily traffic count).; GLA of 316,345 sq. ft. with available spaces ranging from 1,000 to 73,017 sq ft.; Anchored by JC Penny's and Kohl's.
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