309 N Union Street, Olean, NY 14760
sale
$299,900
|
Other
Courtesy Of Howard Hanna Holt Real Estate
Own a piece of local history with this incredible mixed-use opportunity located in the absolute heart of downtown Olean! This building formerly housed the legendary Village Green Pub. This well-known establishment holds memories for generations of locals, and now offers a blank canvas for the next visionary owner. The commercial ground-level features two expansive rooms ideal for reviving a bar or restaurant or launching a new retail concept, along with a significant undeveloped area that offers tremendous versatility. Use it to expand the kitchen, create more public floor space, or provide ample storage. The second floor provides immediate value, having been impressively remodeled to feature a sprawling layout with potential for a 4- to 7-bedroom apartment with two full bathrooms. This residential space offers unmatched flexibility, making it ideal for a large owner-occupied unit, high-yield student housing, or easy division into two apartments for dual income streams. With the residential renovations largely complete and a prime commercial footprint awaiting your touch, this property sits at the center of the downtown revitalization efforts. Whether you envision breathing new life into the Village Green or establishing a completely new venture with built-in residential income, this is a rare chance to acquire a cornerstone of the community.
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Property Features
- Age: Over 50 Years Old
- Floors: 2
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: R1656394
- Roof Type: Flat
- Roof Type: Membrane
- Roof Type: Rubber
- Rooms: Basement
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