431 S Union Street Olean, NY $ 325,000
431 S Union Street
$ 325,000
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431 S Union Street

Olean, NY, 14760
$ 325,000
Bedrooms-- Baths-- Sq 5,796
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Property for Rent in Olean, NY

for $325,000. This 5,796 square foot property was built in 1957 on a lot size of 0.3616.

Presenting an exceptional opportunity to own a versatile commercial property in a high-traffic location on the corner of South Union Street and S Barry St, right before the Union Street Bridge. This impressive building boasts approximately 5,800 square feet of flexible space, ideally suited for various 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 spaces 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.

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Rental Active

Price

$ 325,000

Taxes

$ 8,059

Style

Lot Size

0.3616

Year Built

1957

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1629645

Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Utilities SewerConnected
Possession CloseOfEscrow
Roof Metal
Zoning COM 1
School District Olean
Year Built 1957
Stories Count 1
Township Not Applicable
Levels One
County Cattaraugus
Property Type CommercialLease
Status Active
High School Olean Senior High
City Olean
High School District Olean
Zoning Description Commercial
Number Of Units Total 0
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 15753.0
Elementary School Washington West Elementary
Year Built Details Existing
Tax Annual Amount 8059.0
Middle/Junior High School Olean Middle
Property Condition Resale
Lease Considered Y/N Yes
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 150000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 38
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Interior
Total Fireplaces 0
Total Stories 1
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features Rectangular RectangularLot
Total Parking 15.0
Inclusions Land and Building
Lot Size Area 0.3616
Number of Buildings 1
Building Area Total 5796.0
Lot Dimensions 146X107
Lot Size Acres 0.3616
Waterfront Y/N No
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Internal Only
Street Number 1 431
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* Excluded Features
List By
Howard Hanna Professionals - Olean

Broker

(716) 378-7039

Phone

Nearby
3323605 Elementary School
3323364 Middle School
Olean Senior High High School
Pricing History
DatePricePrice ChangeDescription
11/4/2025$325,000 -7.14% Price Down
8/11/2025$350,000 Listed Price

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431 S Union Street, Olean, NY, 14760 is a Property for Rent at $325,000 with 5,796 sqft and a lot size of 0.3616. 431 S Union Street was built in 1957. The property's zip code is 14760 which is in Olean, NY