Olean, NY 14760,501 W State ST
Olean, NY 14760,501 W State ST
Olean, NY 14760,501 W State ST
Olean, NY 14760,501 W State ST
Olean, NY 14760,501 W State ST
Olean, NY 14760,501 W State ST
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$ 199,900
Est. payment | /mo

1,640 SqFt


$ 199,900
Est. payment | /mo

1,640 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,640 sqft

Price per Sqft $121

MLS Listing ID R1589138

Construction Status Existing

HOA Y/N No

Year Built 1965

Annual Tax Amount $6,958

Lot Size 5,392 Sqft

Acres 0.1238

Lot Dimensions 86X62

Property Description

This well-established restaurant on West State Street in the heart of Olean offers a rare opportunity to own a business in a high-traffic location. Situated on the corner of 4th Street and West State, this property has been a staple of the community for years, providing excellent visibility and easy access for customers.

With a $20+ million construction project planned on West State St, making this the perfect time to invest. With great kitchen space and approximately 15 off-street parking spaces, a valuable asset in this busy area. All kitchen equipment is included.

This is a turnkey opportunity for a restaurateur looking to continue a long-standing tradition or introduce a new concept in a proven location. With strong local recognition and unmatched exposure, this property is ready for its next owner. Schedule a showing today to explore this exceptional business opportunity.

Location

State NY

County Cattaraugus

Area Olean-City-041200

Zoning COM-1

Direction On Route 417

Interior

Heating Gas, Forced Air

Cooling Central Air

Inclusions Land, Building and Business

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Membrane,Rubber

Total Parking Spaces 15

Building

Lot Description Rectangular, Rectangular Lot

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Existing

Schools

Elementary Schools Washington West Elementary

Middle Schools Olean Middle

High Schools Olean Senior High

School District Olean

Others

Tax ID 041200-094-064-0014-004-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://tour.giraffe360.com/0fcafb76447e4901b3fc0c3ca1f9ed34

Listed by Howard Hanna Professionals 716-378-7039

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501 W State ST

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