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About This Home
This 0-bedroom, 0-bathroom commercial at 501 W State Street in Olean, NY is listed for $250,000 ($152 per sqft). Built in 1965, the home offers 1,640 sqft of living space on a 0.12 acres lot.
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 at the corner of 4th Street and West State, this property has been a community staple for years, offering excellent visibility and easy access for customers.
With a $20+ million construction project planned on West State St, this is 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.
Key Features
- Built in 1965
- 0.12 acre lot
- 15 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
501 W State Street
Olean, NY 14760
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 501 W State Street is listed at $250,000 ($152/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.12 acre lot, 15 parking spaces.
This property is listed by Paul Pezzimenti and can be reached at 7163787039 or PaulPezzimenti@howardhanna.com.
