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photo 0: 309 North Union Street, Olean NY 14760
photo 1 : 309 North Union Street, Olean NY 14760
photo 2 : 309 North Union Street, Olean NY 14760

Active

309 North Union Street, Olean NY 14760

MLS# R1656394

$299,900

Price

-

Beds

-

Baths


7,308

Living Area (Sq.Ft.)

0.083

Lot Area (Acres)

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.

Status

Active

Property Type

CommercialSale

Property Sub Type

Business

Year Built

1950

Parcel Number

041200-094-057-0005-043-000-0000

Unit Number

--

Lot Features

Rectangular, Rectangular Lot

Levels

Two

Lot Size Dimensions

36X100

Stories

2

Property Condition

Resale

Elementary School

Washington West Elementary

Elementary School District

Olean

Middle Or Junior School

Olean Middle

Middle Or Junior School District

Olean

High School

Olean Senior High

High School District

Olean

Location

Listing Agent

Paul Pezzimenti

Listing Office

Howard Hanna Professionals - Olean

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash

Documents Available

Survey

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-01-05

Fire Places Total

0

Heating

true

Heating Features

Gas, Forced Air

Garage

--

Garage Spaces

--

Sewer

PublicSewer

Roof

Flat, Membrane, Rubber

Utilities

Sewer Connected

Basement

Full

No schools found

Listed By

broker_reciprocity

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .

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