Olean, NY
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    Olean, NY Conventional Restaurants for Sale

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    Allegany, NY Portville, NY Hinsdale, NY
    Established Restaurant in High-Traffic Location
    $250,000
    1,640 SF
    Established Restaurant in High-Traffic Location

    501 W State Street, Olean, NY 14760

    Turnkey restaurant opportunity in Olean's high-traffic area.
    • High‑traffic location at the corner of 4th Street and West State Street.
    • Turnkey restaurant opportunity with all kitchen equipment included.
    • Approximately 15 off‑street parking spaces.
    • $20+ million construction project planned on West State St.
    • Strong local recognition and unmatched exposure.
    Updated: Jan 14
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    Established Restaurant in High-Traffic Location
    $275,000
    Established Restaurant in High-Traffic Location

    501 W State St, Olean, NY 14760

    Well-established restaurant for sale in a high-traffic Olean location.
    • High‑traffic location at the corner of 4th Street and West State Street, offering excellent visibility and easy access.
    • Turnkey restaurant opportunity with all kitchen equipment included.
    • Approximately 15 off‑street parking spaces, a valuable asset in a busy area.
    • $20+ million construction project planned on West State St, indicating future growth potential.
    • Strong local recognition and a long‑standing presence in the community.
    Updated: Apr 24
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Olean, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Corner Investment Opportunity in Hamburg
    $549,900
    5,828 SF
    Corner Investment Opportunity in Hamburg

    Fully tenant-occupied commercial property with strong cash flow.

    4572 Clark Street, Hamburg, NY 14075

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    Restaurant and Multifamily Investment Opportunity
    $250,000
    7,308 SF
    Restaurant and Multifamily Investment Opportunity

    Fully operational restaurant with 22 rental units for sale.

    1414 E 2nd St, Jamestown, NY 14701

    View details
    Restaurant and Multifamily Investment Opportunity
    $250,000
    Restaurant and Multifamily Investment Opportunity

    Fully operational restaurant with 22 rental units for sale.

    1414 E 2nd St, Jamestown, NY 14701

    View details
    Turnkey Restaurant with Apartment
    $449,900
    2,600 SF
    Turnkey Restaurant with Apartment

    Restaurant with basement and apartment for sale.

    4572 Clark St, Hamburg, NY 14075

    View details

    Olean, NY Conventional Restaurants Investment Opportunities Market Analysis

    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 $250,000.

    Sale prices for conventional restaurants in Olean, NY start at $250,000, averaging $250,000, and reaching up to $250,000 — 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 3
    Bars & Pubs 2
    Turn key restaurants 2

    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 $262.5K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cattaraugus County

    Retail

    Office

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