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Executive Summary
Presenting an exceptional opportunity to own a versatile commercial property in a high-traffic location on South Union Street, right before the Union Street Bridge. This impressive building boasts approximately 5,800 square feet of flexible space, perfectly suited for a variety of business operations. Property Features: Spacious Garage Area: Ideal for automotive services, storage, or light industrial use. Loading Dock: Convenient for shipping and receiving, enhancing operational efficiency. Ample Parking: Plenty of parking space for customers and employees, a crucial asset for any business. High Visibility Location: Situated on one of the busiest roads in Olean, ensuring maximum exposure and easy access for customers. Newer Roof: Recently updated to ensure durability and reduce future maintenance costs. Well-Maintained: Ongoing maintenance over the years ensures the property is in excellent condition. This property is strategically positioned to capitalize on the bustling activity of South Union Street, making it an ideal location for businesses looking to expand or establish a presence in a prime commercial district.
Property Facts
| Price | $446,160 CAD | Lot Size | 0.36 AC |
| Price Per SF | $76.98 CAD | Rentable Building Area | 5,796 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1957 |
| Property Subtype | Light Manufacturing | Parking Ratio | 2.59/1,000 SF |
| Building Class | C | ||
| Zoning | COM-1 - Commercial | ||
| Price | $446,160 CAD |
| Price Per SF | $76.98 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.36 AC |
| Rentable Building Area | 5,796 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Parking Ratio | 2.59/1,000 SF |
| Zoning | COM-1 - Commercial |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 3,000 SF
- Flex
- Partial Build-Out
- 30 Days
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,000 SF | Flex | Partial Build-Out | 30 Days |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Flex |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 041200-094-073-0006-038-000-0000 | Improvements Assessment | $170,240 CAD |
| Land Assessment | $36,865 CAD | Total Assessment | $207,105 CAD |
Property Taxes
Parcel Number
041200-094-073-0006-038-000-0000
Land Assessment
$36,865 CAD
Improvements Assessment
$170,240 CAD
Total Assessment
$207,105 CAD
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431 S Union St
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