Clayton Sitterly
Licensed Associate Real Estate Broker
REALTOR®
Johnstown, NY

318 Wayne Street , Olean, NY 14760

New - 7 Hours Ago
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Property 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.

318 Wayne Street | MLS# R1706615

This home located at 318 Wayne Street , Olean, NY 14760 is currently listed for sale with an asking price of $174,900. This property was built in 1890 and has 3 bedrooms and 2 full baths with 5594 sq. ft. Wayne Street is located within the Olean school district. Search Olean real estate on clayton-sitterly.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Multiple
Basement: Full
Garage: 1
Heating: Gas, ForcedAir, Radiators
Home Style: Triplex
Lot Size: 0.03 Acres
Roof Type: Asphalt, RolledHotMop
Stories: 2.0
Taxes: $2,872
Year Built: 1890

Feature Descriptions

Appliances: GasWaterHeater
Exterior: FiberCement
Flooring: Carpet, Varies, Vinyl
Lot: PieShapedLot
Lot Dimensions: 24X86
Parcel#: 041200-094-057-0001-036-000-0000
Parking: Common, Gravel, OnStreet
Parking Notes: Common, Gravel, OnStreet
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Olean

Estimate Your Payment

Estimated Payment

$ 679.60 per month $389.25 Principal & Interest $239.33 Property Tax $51.01 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Real Estate Pros & More
Agency Contact: 716-307-6960

Shown By

Agent Name: Clayton Sitterly
Agent Phone: (518) 774-6635 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/12/2026. The listing information on this page last changed on 08/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 08/12/2026 12:36:32 AM EST) or Global MLS (last updated Wed 08/12/2026 12:22:28 AM EST) or New York State Alliance MLS (last updated Wed 08/12/2026 12:34:59 AM EST) or Hudson Valley Catskill Region MLS (last updated Wed 08/12/2026 12:11:13 AM EST) or Berkshire MLS (last updated Tue 08/11/2026 8:13:14 PM EST) or OneKey MLS (last updated Wed 08/12/2026 12:28:22 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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