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Prime Retail Building + Adjacent Parking Lot in the Heart of Olean’s Commercial Corridor

Market Price

265 North Union Street, Olean, NY 14760

Active
Last Updated: 02/10/2026

11,399 sqft

Building Size

1.44 acres

Lot Area

Details:
Building Size:    11,399 sqft
Lot Area:    1.44 acres
Year Built:    1999
Highlights:
  • Tenancy: Vacant
  • Parking: 50 surface spaces
  • Frontage: ±269 ft on N. Union St; ±188 ft on W. Sullivan St
  • Traffic Counts: 10,508 VPD on N. Union; 2,972 VPD on W. Sullivan
  • Drive‑Thru: Yes
  • Investment Type: Redevelopment / Re‑tenanting opportunity
  • Strong area demographics with ±23,304 population within 5 miles and HH income of ±$70,519.
Description:

An outstanding opportunity to acquire a highly visible retail building with drive‑thru at 265 N. Union Street, paired with the adjacent 0.28‑acre commercial parking lot at 269 N. Union Street. Together, these properties create a flexible, high‑traffic commercial footprint ideal for retail, medical, service, redevelopment, or mixed‑use concepts in Olean’s primary business district. Former national drugstore with existing high‑quality infrastructure. Strategic hard‑corner location across from Jamestown Community College – Cattaraugus Campus.


Located in Olean’s central commercial district—the city's primary retail and service hub. Near major retailers, CVS, Dollar General, Beef and Barrel restaurant, Tim Hortons, Wendy’s, Subway, Olean Center Mall.

Map:
Documents:
Title
Lease_Brochure.pdf
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Location
Gallery