CCertihomes
242 N Union Street, Olean-City, NY 14760

$1,500

0 beds 0 baths 1,200 sqft Built 18701 days on marketActive

About this home

Prime Office Space for Lease in Downtown Olean – Adjacent to JCC Discover an exceptional leasing opportunity in the heart of downtown Olean, directly adjacent to Jamestown Community College. This versatile space, currently configured as a fully operational medical office, is perfect for businesses seeking a prime location with high visibility and accessibility. The main floor is thoughtfully designed with reception areas, private offices, exam rooms, and a functional kitchen at the rear—ideal for staff breaks or catering needs. The property also features ample storage, including an unfinished upstairs area that can be customized to fit your unique business requirements. With seven dedicated parking spaces just off Hamilton Street, convenience is built into this location for both staff and clients. The adaptable layout makes it ideal for a variety of uses, including medical offices, professional services, creative studios, or even a hybrid live-work space. Take advantage of this rare opportunity to establish your business in a high-traffic, central location with built-in flexibility. Schedule a private tour and explore how this space can support your business’s success! This space includes just the front portion of the building. This whole building can be leased for $2, 500 which includes the back kitchen, storage rooms, and an upstairs training/conference room with storage.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$672/mo

Real estate (PITI + HOA + PMI)
$67
Principal + interest$10
Property tax + insurance$56
PMI / 2nd mortgage$1
Utilities
$1,029
Heating + cooling$365
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$672/mo TLC
Budget$5,000/mo
Remaining after TLC$4,328/mo
Purchase price
$1,500
Down payment
$75 (5%)
Loan amount
$1,425
APR
7.15%

Quick facts

Type
RNT
Style
Year built
1870
Lot size
0.1 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
Public
HOA
Annual tax
MLS #
R1594145
County
Cattaraugus

At a glance

Air conditioning
Basement

Home features

Roof
Asphalt

Lot features

Rectangular, RectangularLot

Schools

Elementary
East View Elementary
Middle
Olean Middle
High
Olean Senior High

Neighborhood — 14760

MetricThis ZIPCountyUSA
Population18,73219,351,094299,088,112
Population Change Since1990-14.00%8.00%20.00%
Population Density294395
Male8,8619,381,926147,432,321
Female9,8719,969,168151,655,844
Never Married4,4284,946,39163,775,926
Married7,2587,166,701123,120,365
Separated1,0261,159,67312,639,686
Widowed1,3671,110,24515,467,586
Divorced1,4651,210,44823,075,029
Number Of House Hold7,0997,102,016111,826,380
Average House Hold Size2.442.642.60
Medial Age37.0536.5335.46
Median House Hold Income$35,386$49,847$48,276
Average House Hold Income$46,879$70,032$63,629
P C I$18,889$26,569$24,529
M D I$31,259$42,210$41,133
A T H E$41,723$54,185$50,898
S T R8.00%4.00%
W C J84.88%81.55%77.74%
(Zip) Code
14760

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Listing information last refreshed 3/19/2025. Provided courtesy of Howard Hanna Professionals via Buffalo MLS. Information deemed reliable but not guaranteed.