loader image

Afb mini site icon  The Angie Flack Brown Team – Property Search

Save
Ask
Tour
Hide
Share
$950,000
6 Days On Site

186-188 N Union Street
Olean, NY 14760

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
9,954
SqFt
$95
/SqFt
1890
Built
County:
Cattaraugus
Call Now: (585) 455-5866
Is this the home for you? We can help make it yours.
(585) 455-5866
186-188 n union street186-188 n union street186-188 n union street186-188 n union street
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$4,334
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$950,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,954 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0439 Acres
Year Built 
1890
MLS® Number 
R1599642
Status 
Active
Property Tax 
$16,505
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.0439
Cross Street 
Tompkins
Number Of Stories 
3
Parking 
Common
Parking Spaces 
10
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
9954
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Zoning 
Com 1
Interior Features
Basement 
FullPartial
Heating 
CentralNatural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Brick
Lot Features 
Rectangular Lot
Roof 
FlatMembraneRubber
Community Features
Financing Terms Available 
Cash
MLS Area 
Olean-City-041200
School District 
Olean
Township 
Not Applicable
Schools
School District
Olean
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share