CCertihomes
431 S Union Street, Olean, NY 14760

$3,000

0 beds 0 baths 5,796 sqft Built 19570 days on marketActive

About this home

A prime leasing location on Route 16 just south of Olean's City Center. Presenting an exceptional opportunity to lease a versatile commercial property in a high-traffic location on South Union Street, right before the Union Street Bridge. This impressive building boasts approximately 3, 000 square feet of flexible space, perfectly suited for various business operations. With office and warehouse space, this building is perfect for many different businesses. 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.

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
$2,131/mo

Real estate (PITI + HOA + PMI)
$275
Principal + interest$19
Property tax + insurance$255
PMI / 2nd mortgage$1
Utilities
$3,531
Heating + cooling$1,616
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$2,131/mo TLC
Budget$5,000/mo
Remaining after TLC$2,869/mo
Purchase price
$3,000
Down payment
$150 (5%)
Loan amount
$2,850
APR
7.15%

Quick facts

Type
RNT
Style
Year built
1957
Lot size
0.3616 ac
Stories
1
Heating
Gas, ForcedAir
Cooling
Water
HOA
Annual tax
MLS #
R1629656
County
Cattaraugus

Home features

Roof
Metal
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Schools

Elementary
Washington West 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

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Listing information last refreshed 8/11/2025. Provided courtesy of Howard Hanna Professionals - Olean via Buffalo MLS. Information deemed reliable but not guaranteed.