Property profile

130 Union St Olean, NY 14760

OFF-MARKET
Retail properties & Spaces
41,286 SF 1.24 ac lot Built 1958
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Property summary

AI-generated overview

This three-story, 41,286 square foot office building in Olean, NY offers a variety of flexible spaces, perfect for a range of businesses. Located at 130 S Union St (cross street: W Henley St), this property boasts 15 suites, with available space ranging from 475 to 15,000 contiguous square feet. Currently, 10,110 square feet are vacant. The building, constructed in 1958 and renovated in 2005, sits on 1.24 acres of land and features ample parking with 110 spaces. Ideal for traditional, executive, coworking, medical, or creative office uses, this property is zoned CC in Cattaraugus County. Its convenient downtown location offers easy access to major routes and is just nine minutes from St. Bonaventure University. The building's multiple tenancy allows for diverse business occupancy. This move-in-ready space is a perfect location for businesses seeking a well-maintained and conveniently located office in Olean, New York. The property's features include turn-key suites and large executive offices, making it suitable for a variety of professional services.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1958
Total area 41,286 SF
Lot 1.24 ac (54,014 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Weight Loss Service Facial Spa
  • Physician
  • Alternative Medicine Practice Spa & Massage Center
  • Physician

Location

130 Union St Olean, NY 14760
Olean metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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