431 Un St Olean, NY 14760-3617
This exceptional 5,796 square foot commercial property at 431 S Union St, Olean, NY, presents a unique investment opportunity. Located on a high-traffic section of South Union Street, just before the Union Street Bridge, this building offers unparalleled visibility and accessibility. The property sits on a 0.36-acre lot and features a spacious garage area, perfect for automotive services, storage, or light industrial uses. A convenient loading dock significantly enhances operational efficiency for businesses requiring shipping and receiving capabilities. Ample on-site parking is available for both customers and employees, a significant advantage in a busy commercial area. The property benefits from a recently installed newer roof, minimizing future maintenance concerns. Years of consistent upkeep have resulted in the building being in excellent condition. Priced at $360,000, this well-maintained property is strategically positioned to thrive in Olean's bustling commercial district, making it an ideal choice for businesses seeking expansion or a new location with high visibility and convenient amenities.
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Driveshaft Specialists Auto Repair Shop
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Kellner LLC Home Appliance Store Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.