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    502 Union Street S

    Olean-City, NY 14760
    • $899,900
    • STATUS: Active
    • ON SITE: 127 days
    • MLS #: R1311827
    UPDATED: 17 min ago
    $899,900
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,400
      SQFT
    • $167
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This incredible business opportunity allows you to walk into an already long-standing, well-respected Olean business. The business includes a party rental business that features tents, tables, chairs, dining sets, and silverware. The rental portion of the business includes some heavy machinery and quite a bit of contractor tools and even some recreational items such as cross country skis! The building is the hub and storage for both of the businesses. You will find two overhead doors that are 10 feet tall on the north side of the building opening to North Union Street and a low traffic overhead door on Franchot Blvd. There are two fenced areas for storage as well and a good amount of warehouse space. The interior has a front retail area for customers, a repair shop, party equipment display room, and storage for tools and machinery. Listing price includes: $200,000 for the party equipment business, $450,000 for the tools and equipment rental business, and $250,000 for the building. A list of inventory is readily available. Financials are available for seriously interested parties.

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    ©2021 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2021-04-22T10:14:18.713.
    www.nnywaterfronthomes.com/homes/112614826
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    502 Union Street S Olean-City, NY 14760

    • Price: $899,900
    • Status: Active
    • Updated: 17 min ago
    • MLS #: R1311827
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    5,400
    SQFT
    $167
    $/SQFT
    1950
    Built
    Neighborhood:
    Olean-City-041200
    County:
    Cattaraugus
    Area:
    Olean-City-041200
    Elementary School:
    Washington West Elementary
    Middle School:
    Olean Middle
    High School:
    Olean Senior High
    School District:
    Olean
    Property Description
    This incredible business opportunity allows you to walk into an already long-standing, well-respected Olean business. The business includes a party rental business that features tents, tables, chairs, dining sets, and silverware. The rental portion of the business includes some heavy machinery and quite a bit of contractor tools and even some recreational items such as cross country skis! The building is the hub and storage for both of the businesses. You will find two overhead doors that are 10 feet tall on the north side of the building opening to North Union Street and a low traffic overhead door on Franchot Blvd. There are two fenced areas for storage as well and a good amount of warehouse space. The interior has a front retail area for customers, a repair shop, party equipment display room, and storage for tools and machinery. Listing price includes: $200,000 for the party equipment business, $450,000 for the tools and equipment rental business, and $250,000 for the building. A list of inventory is readily available. Financials are available for seriously interested parties.
    Exterior Features

    Parking Features FencedOn Site Parking Total 15 Roof AsphaltMetal Waterfront YN No

    Interior Features

    Fireplace YN No Fireplaces Total 0 Heating GasForced Air Heating YN Yes Levels One

    Property Features

    Documents Available Deed Inclusions EquipmentInventoryLandBuilding And Business Lease Considered YN No Listing Terms CashConventionalLease Option Possession Close Of Escrow Possible Use OfficeRetailWarehouse Property Sub Type Business Special Listing Conditions Standard Tax Annual Amount 6778 Zoning Com 1 Zoning Description Commercial

    Listing information © 2021 CNYIS, GENRIS, WNYREIS. Listing courtesy of Paul Pezzimenti of Howard Hanna Professionals.
    ©2021 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2021-04-22T10:14:18.713.
     
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    WEICHERT, REALTORS® - Thousand Islands Realty
    306 James Street
    Clayton NY, 13624