Retail Space
502 North Union Street Olean, NY 14760
Details & Description
Price: $250,000
    Established Subway sandwich franchise located in the central business district. The store is located in a shopping center along busy NY RT 16. Purchase includes all equipment, transfer of leasehold interests including improvements, operating supplies, goodwill, and payment of transfer fees for the franchise. Transfer of franchise subject to corporate agreement.
    Additional Photos
    Listing Agents
    Rick Recckio

    O: 716-631-5555
    M: 716-998-4422
    rick@recckio.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    502 North Union Street

    Olean, NY 14760

    Listing ID: 200538
    • 502 North Union Street Olean, NY 14760 | for Sale | Photo 1
    • 502 North Union Street Olean, NY 14760 | for Sale | Photo 2
    • 502 North Union Street Olean, NY 14760 | for Sale | Photo 3
    • 502 North Union Street Olean, NY 14760 | for Sale | Photo 4
    502 North Union Street | for Sale | Thumbnail 1
    502 North Union Street | for Sale | Thumbnail 2
    502 North Union Street | for Sale | Thumbnail 3
    502 North Union Street | for Sale | Thumbnail 4
    Building Size: 2,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $125.00
    Land $/SF:
    Price
    $250,000
    Description

    Established Subway sandwich franchise located in the central business district. The store is located in a shopping center along busy NY RT 16. Purchase includes all equipment, transfer of leasehold interests including improvements, operating supplies, goodwill, and payment of transfer fees for the franchise. Transfer of franchise subject to corporate agreement.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Olean Area Market Trends

    Listing Demographics for 502 North Union Street Olean, NY 14760

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8,79618,51423,613
    Population Median Age404040
    Population by Age0-9 Yrs816 (9%)1754 (9%)2207 (9%)
    10-19 Yrs1070 (12%)2797 (15%)3733 (15%)
    20-29 Yrs1205 (13%)2329 (12%)3012 (12%)
    30-39 Yrs1325 (15%)2232 (12%)2647 (11%)
    40-49 Yrs993 (11%)2015 (10%)2626 (11%)
    50-59 Yrs1349 (15%)2839 (15%)3544 (15%)
    60-69 Yrs1170 (13%)2448 (13%)3124 (13%)
    70+ Yrs867 (9%)2100 (11%)2720 (11%)
    Median HH Income$34,559$44,703$47,218
    Total Household Income< 24K1540 (36%)2308 (29%)2707 (27%)
    25-49K1176 (27%)1968 (24%)2433 (24%)
    50-74K635 (15%)1279 (16%)1674 (16%)
    75-99K364 (8%)914 (11%)1228 (12%)
    100-199K451 (10%)1228 (15%)1540 (15%)
    200K+60 (1%)229 (2%)293 (2%)
    Highest Education LevelNo Diploma75211531408
    Diploma or GED248643995470
    Some College101019902558
    Assoc. Degree87417182211
    Bachelors Degree62616102075
    Higher Degree60516642023
    Total Housing Units4,6349,02111,295
    --Owner-Occupied1,7454,3395,798
    --Renter-Occupied2,4813,5884,076
    Owner-Occupied Values< 100K134127693547
    100-199K32512181739
    200-299K29164259
    300-399K37153190
    400-499K31325
    500K+112238
    Total Working Age Population7,25115,26519,592
    In Work Force4,4809,16311,573
    Not In Work Force2,7716,1028,019
    Workforce Employed4,1978,62910,895
    Workforce Unemployed268518659
    Civlian Workforce4,4659,14711,554
    Military Workforce151619
    Total Households4,2267,9269,875
    Family Households1,9314,2305,501
    Non-Family Households2,2953,6974,374
    Married Couple1,0892,8533,846
    Other Family8421,3771,654
    Married w/Child3689591,271
    Single Male w/Child141204257
    Single Female w/Child299501611

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Cattaraugus County83,955-480,317-576,381-473,254

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 502 North Union Street in Olean?
    The asking price for 502 North Union Street is $250,000
    What is the building size of this Retail property in Olean, NY?
    The size of the building/unit at 502 North Union Street in Olean is 2,000 square feet
    What kind of Retail is the propery at 502 North Union Street?
    The property at 502 North Union Street Olean, NY 14760 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 502 North Union Street in Olean?
    The population within 1 mile of 502 North Union Street Olean, NY 14760 is 8,796 people.
    Who do I contact for questions about 502 North Union Street?
    You should contact the listing agent, Rick Recckio, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    855 East State Street, Olean, NY $325,000 1990 0.36
    1425 East State Street, Olean, NY $199,000 2248 0.12
    1869 Plaza Drive, Olean, NY $250,000 1500 -
    3142 West State Street, Olean, NY CALL 100188 -
    3864 West State Street, Allegany, NY CALL 100150 21.44
    1472 Portville Olean Road, Olean, NY $129,000 7200 -
    236 E Main St, Allegany, NY CALL 20000 1.96

    Closest Commercial Airports

    Airport Distance (mi)
    Buffalo Niagara International Airport (BUF) 61
    Greater Rochester International Airport (ROC) 81
    Erie International Tom Ridge Field (ERI) 89