Downtown Retail Building with
For Sale
$170,000
457 N Union St, Olean, NY 14760
Mixed-use building in high-traffic area with income potential.
Property SizeContact for details
Days on Market264
Property Features for 457 N Union St
General Information
Standard status
Active
Property subtype
Retail
Zoning
Commercial
Listing Agency:
Recckio Real Estate & Development
(716) 998-4422
Listed By:
Rick Recckio · License #NY #31RE0821429
(716) 998-4422
Source:
Recckio
Added: Nov 25, 2025
Changed: Aug 13
Last Checked: Aug 16 at 4:09AM
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
Investment Insights
Based on property information with market context.
This property, constructed in 1902, is a retail building with approximately 5778 square feet of space. It is located in a prime downtown location with large storefront windows. The property includes two one-bedroom efficiency apartments upstairs, each approximately 30 by 28 feet, which can be used for income or combined into condominium-style living. The property is zoned for commercial use and is situated in a high-traffic area, making it an excellent street retail location. It offers potential for mixed-use development and is ideal for a retail investor. The location is in a lively commercial area that blends small-town charm with business activity and benefits from its proximity to popular amenities, including the Beef-N-Barrel Restaurant, Green Acres Cafe, Tim Hortons, and Ray's Salon & Barbershop.
Key Highlights
- Prime downtown location in a high‑traffic area of Olean.
- Potential for mixed‑use development (retail and residential).
- Includes two one‑bedroom efficiency apartments for income or condominium conversion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Under-served
Demand for This Use
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
Questions? Ask Rey
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Similar Off Market Nearby
- Mandy's Flowers — 216 W State St, Olean, NY 14760
- Uptown Florist — 117 N Union St, Olean, NY 14760
- Mandys Flowers &Tuxedo Junction — 216 W State St, Olean, NY 14760
Frequently Asked Questions
What type of property is this?
Storefront property - Mixed-use building in high-traffic area with income potential.
Where is this storefront property located?
The property is located at 457 N Union St Olean, NY.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Prime downtown location in a high‑traffic area of Olean.; Potential for mixed‑use development (retail and residential).; Includes two one‑bedroom efficiency apartments for income or condominium conversion.
