Financial
Distress signals
Property profile

116 Un St Olean, NY 14760

OFF-MARKET
Turn key restaurants
Property ID
US63-1803914
10,138 SF 0.26 ac lot Built 1909
Last sale Sep 2025 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional opportunity presents a thriving restaurant and bar for sale in the heart of downtown Olean, NY. Located in the beautifully preserved, historic Olean Public Library building (listed on the National and State Registers of Historic Places since 1985), this 14,618 square foot venue boasts Old-World charm and Art Deco flair, creating a unique and upscale-casual dining experience. The property sits on a 0.26-acre lot and is capable of hosting large gatherings of over 200 people.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$361k
Assessed land$17k
Assessed improvement$345k

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$89/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$30 – $169

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCATTARAUGUS

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand index
Kitchen & Bath11.9
Electrical Service11.2
Realty agency10.6

Location

116 Un St Olean, NY 14760-3634
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
316 State, Olean, NY 14760-2540 $35,000 Jun 2025 10,256 SF
1322 State, Olean, NY 14760-2036 $755,000 Dec 2023 10,795 SF
129 Un, Olean, NY 14760-2736 $104,000 Dec 2023 10,610 SF
315 Un, Olean, NY 14760-2626 $363,699 Jan 2022 8,112 SF
461 Un, Olean, NY 14760-2658 $623,500 Jan 2022 7,975 SF
510 Un, Olean, NY 14760 $3,631,000 Jan 2022 13,212 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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