Conventional Restaurant

Olean, NY Conventional Restaurants for Sale

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Allegany, NY Portville, NY Hinsdale, NY Cuba, NY Ceres, NY Great Valley, NY Eldred, PA Limestone, NY
Restaurant Building with Kitchen Equipment
Updated: Oct 1
Restaurant Building with Kitchen Equipment

501 W State Street, Olean, NY 14760

$249,900
1,640 sqft 0.12 AC lot
1,640‑square‑foot restaurant property on a 0.1238‑acre lot
Kitchen equipment is included
Approximately 15 off‑street parking spaces
Corner location at 4th Street and West State Street
COM 1 zoning
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Restaurant with Kitchen Equipment
Updated: Oct 4
Restaurant with Kitchen Equipment

501 W State St, Olean, NY 14760

$249,900
Kitchen equipment is included in the sale
Approximately 15 off‑street parking spaces
Corner location at West State Street and 4th Street
Built in 1965
Walk Score 73; bike score 76
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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2 active listings match your search: Restaurant for sale in Olean, NY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

12 S Main Street, Portville, NY 14770

$124,900
5,788 sqft 0.14 AC lot

Commercial space and an existing upstairs residence are supported by separate building access and public water and sewer.

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Mixed-Use Property with Bar and Grill
Mixed-Use Property with Bar and Grill

6 S Main Street, Belfast, NY 14711

$79,900
5,298 sqft 0.27 AC lot

The upper level combines bedrooms, meeting space, and an office, while the ground floor contains separate bar and dining areas.

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Bar and Grill with Commercial Kitchen
Bar and Grill with Commercial Kitchen

6 S Main Street, Belfast, NY 14711

$79,900
5,298 sqft 0.27 AC lot

Operating bar and grill property with dining, event, lodging, and furnished commercial facilities.

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Mixed-Use Building with Restaurant Space
Mixed-Use Building with Restaurant Space

12 S Main St, Portville, NY 14770

$124,900

Commercial space occupies the ground floor, with an apartment and additional residential area above.

View details

Olean, NY Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Olean, NY on our real estate platform. These investment opportunities span a total of 1,640 square feet of properties for sale, with an estimated market value of $499,800.

Sale prices for conventional restaurants in Olean, NY average $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 5
Bars & Pubs 4
Turn key restaurants 1

Demographics Overview

Population 17K
Population Growth (5Y) -4.9%
Median Household Income $52,569
College Educated 40.2%

High-Yield Neighborhoods for Investment

Identify Olean submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
14760 $249.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cattaraugus County

New Delisted

Total CRE Inventory on Market (SF)

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