- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Hot
Street View
$159,900
Monthly Est:$796
3 Beds
2 Baths2 full baths
5,594sqft
318 Wayne St, Olean, NY 14760
$159,900
$796/moEst:
Get Pre-Approved
Mixed Use
Built in 1890
$-- HOA
0.03 acre lot
$29/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: October 9, 2026 at 7:36 pm
- Listing Provided by: Kenneth M. Bailey (716) 307-6960 DRE #10371200907 | Real Estate Pros & More (716) 372-7100
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: R1706615
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
5,594 sqft
Lot Size
0.03 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
R1706615
MLS Status
Active
Days on Market
74
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Sewer
Connected
Appliances
Gas Water Heater
Heating
Gas, Forced Air, Radiators
Flooring
Carpet, Varies, Vinyl
Construction
Year Built
Year Built: 1890
Home type
Mixed Use
Construction Materials
Fiber Cement
Architectural Style
Triplex
Roof
Asphalt, Rolled Hot Mop
Property Condition
Resale
Utilities & Energy
Water Source
Connected, Public
Basement
Full
Parking Features
Common, Gravel, On Street
Utilities
Sewer Connected, Water Connected
Other Features
Lot Features
Pie Shaped Lot
Price History
| Date | Event | Price |
|---|---|---|
10/09/2026 Source: | Price Decreased | $159,900 -3.03% $29/sqft |
09/29/2026 Source: | Off Market | $164,900 -5.72% $29/sqft |
08/12/2026 Source: | Listed for Sale | $174,900 +9.38% $31/sqft |
08/12/2026 Source: | Price Increased | $159,900 +146.00% $29/sqft |
03/25/2023 Source: | Price Decreased | $65,000 -13.22% $12/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Olean, NY
Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 26, 2026, 11:00AM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
