CarolineBaker

309 N Union Street, Olean, NY 14760

New - 45 Hours Ago
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Property Description

Step into an incredible opportunity in the absolute heart of downtown Olean! This building formerly housed the legendary Village Green Pub, a beloved local institution that holds memories for generations of residents - and now it's ready to become your blank canvas. The commercial ground level offers two expansive rooms, perfectly suited for reviving a bar or restaurant, launching a new retail concept, or bringing your own vision to life. A generous undeveloped area adds even more versatility - expand the kitchen, create additional public floor space, or use it for storage. Upstairs, the second floor delivers immediate value with a beautifully remodeled, sprawling layout offering potential for a 4- to 7-bedroom apartment with two full bathrooms. This space is already generating income: a current tenant is paying $2,000/month and covers their own electric, while the owner covers gas and water - a great head start for an investor. The layout also offers flexibility for a large owner-occupied unit, high-yield student housing, or easy division into two separate apartments for dual income streams. With residential renovations largely complete and a prime commercial space ready for your touch, this property sits right at the center of downtown Olean's revitalization. Whether you're reviving the Village Green legacy or building something entirely new - with built-in residential income already in place - this is a rare chance to own a true cornerstone of the community.

309 N Union Street | MLS# R1702834

This commercial property located at 309 N Union Street, Olean, NY 14760 is currently listed for sale with an asking price of $279,900. N Union Street is located within the Olean school district. Search Olean real estate on caroline-baker.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Business
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.08 Acres
Roof Type: Flat, Membrane, Rubber
Stories: 2.0
Taxes: $6,890
Year Built: 1950

Feature Descriptions

Days on Site: 1
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 36X100
Parcel#: 041200-094-057-0005-043-000-0000
Sewer: Public Sewer
Utilities: Sewer Connected

Local Schools

High School: Olean Senior High
Middle School: Olean Middle
Elementary School: Washington West Elementary
School District: Olean

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Professionals - Olean
Agency Contact: 716-378-7039

Shown By

Agent Name: Caroline Baker
Agent Phone: (518) 502-4186 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/31/2026. The listing information on this page last changed on 07/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/31/2026 12:00:43 AM EST) or Global MLS (last updated Thu 07/30/2026 11:52:35 PM EST) or New York State Alliance MLS (last updated Thu 07/30/2026 11:59:25 PM EST) or Hudson Valley Catskill Region MLS (last updated Thu 07/30/2026 11:51:22 PM EST) or Berkshire MLS (last updated Thu 07/30/2026 8:13:22 PM EST) or OneKey MLS (last updated Thu 07/30/2026 11:53:35 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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