318 Wayne StreetOlean, NY 14760

Description

MIXED-USE INVESTMENT OPPORTUNITY – 2 APARTMENTS + COMMERCIAL STOREFRONT Versatile mixed-use property offering two residential apartments and approximately 2,100 sq. ft. of first-floor commercial space. A great opportunity for an investor or business owner looking for multiple uses and income potential under one roof. The first apartment features a studio-style layout with a full kitchen offering plenty of cabinet space and a nicely sized full bathroom. The second apartment offers 2 bedrooms, a living room, spacious kitchen, and full bathroom. Both apartments also feature access to large porch areas. The first-floor commercial space offers approximately 2,100 sq. ft., highlighted by large storefront windows providing excellent natural light and visibility. The space includes a bathroom, several storage rooms, updated flooring, fresh paint, and a new HVAC system. An attached 1-car garage provides additional storage and functionality. With residential and commercial space all in one property, this building offers flexibility for a variety of business and investment possibilities. Whether adding to an investment portfolio or looking for a location that combines commercial space with residential rental income, this property is ready for its next chapter.

Property Information

Property type

Residential

Sub-type

Mixed Use

Style

Triplex

Year built

1890

Stories

2

Living area

5,594 Sq Ft

Lot size

0.03 acres

Lot dimensions

24X86

Garage spaces

1

Days on market

92

MLS^® Listing#

R1706615

Property Features

Appliances

Gas Water Heater · Water Heater

Heating

Forced Air · Natural Gas · Radiant

Flooring

Carpet · Varies · Vinyl

Basement

Full

Parking

Common · Gravel · On Street

Lot features

Pie Shaped Lot

Construction

Fiber Cement

Roof

Asphalt · Rolled/Hot Mop

Utilities

Sewer Connected · Water Connected

Water source

Public

Financial Details

Annual taxes

$2,872

Assessed value

$50,000

Parcel number

041200-094-057-0001-036-000-0000