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    800 E State Bar/Restaraunt St Olean, NY 14760

    For Lease
    $14,000 /Mo ($33 SF/Yr)

    COMMERCIAL - Olean, NY

    Property size:
    5,000 SF
    Lot size:
    7.20 Acres
    Days on Market:
    195
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 800 E State Bar/Restaraunt St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    COM 1
    APN
    041200-094-074-0001-010-002-0000
    Parking
    202
    Size
    5,000 SF
    Lot size
    7.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2013
    Floors in Building
    2
    Flooring type
    Vinyl, Linoleum, Hardwood, Carpet, Varies, Concrete
    Roof type
    Metal, Asphalt

    Howard Hanna Holt Real Estate (716) 269-4208 [email protected]

    Listing agent Paul Pezzimenti (716) 372-1155 License #10301214758

    Listing date May 29, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant & Event Space

    This turnkey restaurant and event space, formerly the Hammer Back Bar & Grill, is available for lease. The property offers a ready-to-go restaurant and entertainment venue. It is outfitted with a state-of-the-art commercial kitchen, a full wraparound bar, and dedicated outdoor dining and bar areas, offering potential for both indoor and outdoor service. The property is suitable for a full-service restaurant or gastropub, private events and banquets, live entertainment and nightlife, or a catering headquarters with on-site venue. Highlights include an indoor/outdoor bar and patio setup and an ideal layout for small events and private functions. Utilities are included. The property benefits from shared access to built-in traffic from surrounding entertainment venues, such as a bowling alley, volleyball, and mini golf. Ample on-site parking is available for guests and staff. The property is located in Olean, NY, and has a lot size of 7.2 acres. The property size is 5000 square feet. The zoning is COM 1.
    Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Olean
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.41427
    Latitude
    42.07412

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    FAQs

    What type of property is this?
    Restaurant - Ready-to-go restaurant and entertainment venue with wow factor.
    Where is this restaurant located?
    The property is located at 800 E State Bar/Restaraunt St Olean, NY.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey restaurant and event space ready for immediate operation.; - Includes a state-of-the-art commercial kitchen and full wraparound bar.; - Features dedicated indoor and outdoor dining/bar areas.
    (716) 372-1155
    Request Owner's contact information
    800 E State Bar/Restaraunt St Olean, NY 14760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    800 E State Bar/Restaraunt St Olean, NY 14760
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