Listing Courtesy of: 716-378-7039 - Paul Pezzimenti - Howard Hanna Professionals
716-372-1155
$169,900
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115 N Union St Olean, NY 14760
General Commercial
Residence
Beds
Baths
...
Bed/Bath
8,008
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
A promising investment opportunity indeed! The fact that all units are currently occupied with long-term tenants is a great sign of stability and potential steady income. The mix of commercial and residential units offers diversification, and the location in downtown Olean with high foot traffic add...s to its attractiveness. The updated utilities and renovations should help minimize maintenance costs and attract tenants in the future. The presence of a full basement for storage is another asset, as it adds value to the property. Moreover, being part of the Downtown Revitalization Initiative could bring additional benefits such as grants or incentives for further improvements or development projects in the area, potentially increasing the property's value over time. This is a promising investment opportunity with multiple avenues for growth and stability.
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MLS#
R1541244
Property Type
General Commercial
Year Built
1900
Square Feet
8,008
sq. ft
Lot Size
0.11
Sewer
Sewer Connected
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Source: Walk Score®
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