115 North Union Street, Olean-city, New York 14760, Olean-city, New York 14760
Square Footage : 8,008 Sqft
Visits : 5 in 87 days
$169,900
Features
Heating System :
Gas, Forced Air
Parking :
4
Parking Features :
Surfaced
Pool Expense : $0
Roof :
Membrane, Rubber
Sewer :
Public Sewer
Address Map
State :
NY
County :
Cattaraugus
City :
Olean-city
Zipcode :
14760
Street : 115 North Union Street, Olean-city, New York 14760
Floor Number : 0
Longitude : W79° 34' 11.5''
Latitude : N42° 4' 40.8''
MLS Addon
Office Name : Howard Hanna Professionals
Association Fee : $0
Bathrooms Total : 0
Building Area : 8,008 Sqft
CableTv Expense : $0
Construction Materials :
Brick, Masonry
DOM : 87
Electric Expense : $0
Elementary School : East View Elementary
Flooring :
Carpet, Hardwood, Varies, Vinyl, Linoleum
HighSchool : Olean Senior High
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash
Lot Features :
Rectangular
LotSize Dimensions : 26X173
Maintenance Expense : $0
MiddleOrJunior School : Olean Middle
Parcel Number : 041200-094-253-0001-021-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
Zoning : Commercial
AttributionContact : 716-378-7039
Property Description
A promising investment opportunity indeed! The fact that all units are currently occupied with long-term tenants is a great sign of stability and potential steady income. The mix of commercial and residential units offers diversification, and the location in downtown Olean with high foot traffic adds to its attractiveness. The updated utilities and renovations should help minimize maintenance costs and attract tenants in the future. The presence of a full basement for storage is another asset, as it adds value to the property. Moreover, being part of the Downtown Revitalization Initiative could bring additional benefits such as grants or incentives for further improvements or development projects in the area, potentially increasing the property’s value over time. This is a promising investment opportunity with multiple avenues for growth and stability.
