265 N. Union St. - Former Rite Aid with Drive Thru

For Sale

265 North Union Street, Olean, NY 14760

This Olean property for sale is located at 265 North Union Street. Contact the listing broker for details on the current sale price for 265 N. Union St. - Former Rite Aid with Drive Thru. 265 N. Union St. - Former Rite Aid with Drive Thru is situated on a lot that is 1.44 acre in size.

Contacts

Rick Recckio

Recckio Real Estate & Development

Property Details

  • Property Type Retail - Street Retail
  • Property Size 11,399 SF
  • Lot Size 1.44 Acre
  • Property Tenancy Single Tenant
  • Year Built 1999
  • Date Updated Jun 29, 2026
Located in Olean’s central commercial district—the city's primary retail and service hub. Near major retailers, CVS, Dollar General, Beef and Barrel restaurant, Tim Hortons, Wendy’s, Subway, Olean Center Mall.An outstanding opportunity to acquire a highly visible retail building with drive‑thru at 265 N. Union Street, paired with the adjacent 0.28‑acre commercial parking lot at 269 N. Union Street. Together, these properties create a flexible, high‑traffic commercial footprint ideal for retail, medical, service, redevelopment, or mixed‑use concepts in Olean’s primary business district. Former national drugstore with existing high‑quality infrastructure. Strategic hard‑corner location across from Jamestown Community College – Cattaraugus Campus.An outstanding opportunity to acquire a highly visible retail building with drive‑thru at 265 N. Union Street, paired with the adjacent 0.28‑acre commercial parking lot at 269 N. Union Street. Together, these properties create a flexible, high‑traffic commercial footprint ideal for retail, medical, service, redevelopment, or mixed‑use concepts in Olean’s primary business district. Former national drugstore with existing high‑quality infrastructure. Strategic hard‑corner location across from Jamestown Community College – Cattaraugus Campus.
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Highlights

  • Drive-Thru: Yes
  • Frontage: ±269 ft on N. Union St; ±188 ft on W. Sullivan St
  • Investment Type: Redevelopment / Re-tenanting opportunity
  • Parking: 50 surface spaces
  • Strong area demographics with ±23,304 population within 5 miles and HH income of ±$70,519.
  • Tenancy: Vacant
  • Traffic Counts: 10,508 VPD on N. Union; 2,972 VPD on W. Sullivan

Attachments

Getting around

  • 74/100

    Walk Score ®

  • 66/100

    Bike Score ®

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Location

  • City Olean, NY
  • Zip Code 14760

Points of Interest

  • Kwik Fill

    2.07 miles

  • Town of Allegany Garage

    3.35 miles

  • Truck Parking

    5.56 miles

  • Portville CSD Elementary Parking

    5.98 miles

  • Portville CSD Temporary Parking

    6.02 miles

  • Wendy's

    0.20 miles

  • Burger King

    0.26 miles

  • Old Library Restaurant

    0.28 miles

  • McDonald's

    1.52 miles

  • Perkins

    1.64 miles

  • Lake View Chinese Restaurant

    1.85 miles

  • Dunkin'

    2.42 miles

  • Mangia's 2.0

    3.48 miles

  • Sprague's Maple Farms

    6.02 miles

  • Ried's Food Barn

    0.49 miles

  • Tops

    1.47 miles

  • ALDI

    1.65 miles

  • Walmart Supercenter

    1.96 miles

Contact Listing Broker
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