242 Union StOlean, NY 14760

Property Details for 242 Union St

Year built

1870

Lot size

0.10 AC

Property size (Sq ft)

4,750 SF

Property type

Office properties

Description

This exceptional 4,750 square foot commercial property, located at 242 N Union St in Olean, NY, presents a unique investment opportunity. Situated on a 0.1-acre lot directly adjacent to Jamestown Community College, this building offers unparalleled visibility and accessibility. Currently configured as a medical office, the main floor features reception areas, private offices, exam rooms, and a kitchen. Ample storage is available throughout, including an unfinished upstairs area with significant potential for customization. Seven dedicated parking spaces are conveniently located just off Hamilton Street. The property's adaptable layout allows for diverse uses, including a thriving medical practice, professional offices, creative studios, or even a mixed-use development incorporating residential living space to capitalize on current market demand. Its central downtown location ensures high traffic and easy access for clients and customers. This versatile building offers a strong foundation for success, making it an ideal investment for entrepreneurs, investors, or business owners seeking a prime location in a desirable area of Olean. The asking price is $199,900.

Location Insight

City

Olean

County

Cattaraugus

State

New York

Latitude

42.0805

Longitude

-78.4296

FAQs

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