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3 Beds
2 Baths
5,594 sqft

$159,900

318 Wayne Street, Olean NY, 14760

Price per sqft$28.58
Built in1890
Property size5,594 sqft
Property typeResidential

Overview

Active

Listed Aug 12, 2026

Updated 3h ago

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.

$1,064/mo

Est. mortgage payment based on a $159,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
R1706615

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$2,872
Tax Frequency
Annually
Garage
Yes
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Courtesy of Real Estate Pros & More, Kenneth M. Bailey

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Bonnie Pagano Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 4:20 AM UTC, 10/10/2026

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