Log In/Sign Up
Your email has been sent.
186-188 N Union St 9,954 SF Retail Building Olean, NY 14760 $1,326,124 CAD ($133.23 CAD/SF)
INVESTMENT HIGHLIGHTS
- Turnkey Restaurant & Multi-Unit Investment Opportunity
- Prime location in Olean’s growing downtown district
- This mixed-use property offers both immediate income and long-term upside
EXECUTIVE SUMMARY
Turnkey Restaurant & Multi-Unit Investment Opportunity – Olean, NY Don't miss this incredible opportunity to own a fully operational restaurant with rental income potential in the heart of Olean. Originally two buildings combined into one, this impressive 3-story structure offers a unique blend of commercial and residential space, ideal for investors or owner-operators. The main level is home to a spacious, fully-equipped restaurant featuring two bars, ample dining space, a commercial kitchen, and a full basement for storage. Whether you're expanding an existing concept or launching a new one, this space is ready for business. The second floor includes a fully rented 2-bedroom apartment, a vacant unit currently under renovation, and a shared laundry area for tenant convenience. On the third floor, you'll find two 1-bedroom apartments and one 2-bedroom apartment, all of which have been fully remodeled with modern finishes. This mixed-use property offers both immediate income and long-term upside, with high visibility and a prime location in Olean’s growing downtown district. Whether you're looking for a restaurant, a live/work setup, or a strong addition to your investment portfolio, this property has it all.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,954 SF
Building Class
B
Year Built
1890
Price
$1,326,124 CAD
Price Per SF
$133.23 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
5.71
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
CC - Com 1
Parking
10 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
22’ on UNION ST
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $570,166 CAD (2024) | |
| Land Assessment | $16,150 CAD (2024) | Total Assessment | $586,316 CAD (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$16,150 CAD (2024)
Improvements Assessment
$570,166 CAD (2024)
Total Assessment
$586,316 CAD (2024)
1 of 33
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
186-188 N Union St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.