About 318 Wayne Street
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.
Features of 318 Wayne Street
| MLS® # | R1706615 |
|---|---|
| Price | $174,900 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 5,594 |
| Square Footage | 1307 |
| Acres | 0.03 |
| Year Built | 1890 |
| Type | Residential |
| Sub-Type | Mixed Use |
| Style | Triplex |
| Status | Active |
Community Information
| Address | 318 Wayne Street |
|---|---|
| Area | Olean-City |
| City | Olean |
| County | Cattaraugus |
| State | NY |
| Zip Code | 14760 |
Amenities
| Utilities | Sewer Connected, Water Connected, Hot Water, Water |
|---|---|
| Features | Pie Shaped Lot |
| Parking | Common, Gravel, On Street |
| # of Garages | 1 |
| Garages | Common, Gravel, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air, Radiator(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Fiber Cement |
|---|---|
| Lot Description | Pie Shaped Lot |
| Roof | Asphalt, Rolled/Hot Mop |
| Construction | Fiber Cement |
School Information
| District | Olean |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Real Estate Pros & More |
|---|---|
| Contact Info | 716-307-6960 |