265 N. Union St. - Former Rite Aid with Drive Thru

265 North Union Street, Olean, NY 14760

Accepting Offers
265 N. Union St. - Former Rite Aid with Drive Thru265 N. Union St. - Former Rite Aid with Drive Thru265 N. Union St. - Former Rite Aid with Drive Thru265 N. Union St. - Former Rite Aid with Drive Thru
Asking Price

265 N. Union St. - Former Rite Aid with Drive Thru

265 North Union Street, Olean, NY 14760

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 1999

Property Size: 11,399 SF

Property Type: Retail

Occupancy %: 0

Land Area: 1.44 Acres

Investment 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.

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

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.

Sale FAQs

Investment Sales Broker

Rick Recckio

Rick Recckio

Recckio Real Estate & Development

NY License: 31RE0821429

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXX

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