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Listed price in listed location currency (USD).
$299,900

0015

MLS® R1658022

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 1640 sqft
Garage No
HOA Fees 
Taxes $7,297
Days Active 0
Approx. Age 1965
Avg. Price Per Sqft $182
MLS® Number R1658022

Property Address: 501 W State St, Olean, NY, 14760-2543

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® NumberR1658022
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land, Building and Business

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 14, 2026List Date
$299,900List Price
  • Commute

Commute

Starting Address
Destination Address
501 W State St, Olean, NY

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