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265 N Union St
Olean, NY 14760
Rite Aid · Retail Property For Sale
Investment Highlights
- Frontage: ±269 ft on N. Union St; ±188 ft on W. Sullivan St
- Parking: 50 surface spaces
- Investment Type: Redevelopment / Re-tenanting opportunity
- Drive-Thru: Yes
Executive Summary
An outstanding opportunity to acquire a highly visible retail building with drive-thru at 265 N. Union Street, paired with the adjacent 0.28-acre commercial parking lot at 269 N. Union Street. Together, these properties create a flexible, high-traffic commercial footprint ideal for retail, medical, service, redevelopment, or mixed-use concepts in Olean’s primary business district. Former national drugstore with existing high-quality infrastructure. Strategic hard-corner location across from Jamestown Community College – Cattaraugus Campus.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,399 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.16 AC
Opportunity Zone
Yes
Zoning
CC
Frontage
259’ on North Union
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,404,551 CAD | |
| Land Assessment | $59,214 CAD | Total Assessment | $2,463,765 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$59,214 CAD
Improvements Assessment
$2,404,551 CAD
Total Assessment
$2,463,765 CAD
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