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457 N Union St
Olean, NY 14760
5,778+/- SF Mixed-Use Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 5778+/- SF retail building
- Potential for mixed-use development
- Zoned for commercial use
EXECUTIVE SUMMARY
Prime downtown location with large store front windows for use as a business opportunity. This property includes 2 one bedroom efficiency apartments upstairs (approx. 30x 28) for income or combine into condominium style living.
Situated in a lively commercial area that blends small-town charm with business activity. Nearby, you'll find the popular Beef-N-Barrel Restaurant, known for its hearty meals, and Green Acres Cafe, a cozy spot for coffee and light bites. Tim Hortons is also close by, offering quick and convenient options for coffee and snacks. Additionally, Ray's Salon & Barbershop provides trusted grooming services in the vicinity. This location benefits from its proximity to these established businesses, making it an attractive spot for commercial ventures. Let me know if you'd like further refinements!
Situated in a lively commercial area that blends small-town charm with business activity. Nearby, you'll find the popular Beef-N-Barrel Restaurant, known for its hearty meals, and Green Acres Cafe, a cozy spot for coffee and light bites. Tim Hortons is also close by, offering quick and convenient options for coffee and snacks. Additionally, Ray's Salon & Barbershop provides trusted grooming services in the vicinity. This location benefits from its proximity to these established businesses, making it an attractive spot for commercial ventures. Let me know if you'd like further refinements!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,778 SF
Year Built
1902
Price
$170,000
Price Per SF
$29.42
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
Commercial - 482 - Mixed Use Downtown Row - Detached
Parking
39 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 041200-094-057-0002-025-000-0000 | Improvements Assessment | $70,800 |
| Land Assessment | $28,700 | Total Assessment | $99,500 |
PROPERTY TAXES
Parcel Number
041200-094-057-0002-025-000-0000
Land Assessment
$28,700
Improvements Assessment
$70,800
Total Assessment
$99,500
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