Olean, NY Restaurants for Sale

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Allegany, NY Portville, NY Hinsdale, NY

Established Restaurant in High-Traffic Location

$275,000

1,640 SF

Established Restaurant in High-Traffic Location

501 W State Street, Olean, NY 14760

Turnkey restaurant opportunity in Olean, NY with high visibility.

High‑traffic location at the corner of 4th Street and West State, 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.
Planned $20+ million construction project on West State St, indicating future growth potential.
Strong local recognition and a long‑standing presence in the community.

Updated: Jan 14

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$279,900

7,308 SF

Mixed-Use Building in Downtown Olean

309 N Union Street, Olean, NY 14760

Mixed-use property with commercial space and residential potential.

Prime downtown location at the heart of Olean's revitalization efforts.
Mixed‑use property with commercial ground‑level and remodeled residential second floor.
Sprawling second‑floor apartment with potential for 4‑7 bedrooms and two full bathrooms.
Versatile commercial space suitable for a bar, restaurant, retail, or expansion.
Flexible residential space ideal for owner‑occupation, student housing, or dual‑income apartments.

Updated: Jan 5

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$275,000

Established Restaurant in High-Traffic Location

Well-established restaurant for sale in a high-traffic Olean location.

501 W State St, Olean, NY 14760

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$279,900

Mixed-Use Building in Downtown Olean

Mixed-use property with commercial space and residential potential in downtown.

309 N Union St, Olean, NY 14760

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Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 4 Active listings in Olean, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 46 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$299,900

2,574 SF

Turn-Key Bar/Restaurant with License

Established bar/restaurant with license, remodeled, high traffic location.

3434 Route 646, Gifford, PA 16732

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$175,000

Historic Downtown Mixed-Use Gem

Unique mixed-use property with bar, apartment, and commercial potential.

166 N Main St, Wellsville, NY 14895

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$209,000

Turnkey Nightlife Venue For Sale

Fully equipped nightclub/bar with indoor and outdoor entertainment areas.

24 E Dyke St, Wellsville, NY 14895

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$299,900

0.34 Acres

Turn-Key Bar/Restaurant with License

Remodeled bar/restaurant with license, equipment, and potential for expansion.

3434 Route 646, Gifford, PA 16732

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$749,000

2.70 Acres

Ellicottville Commercial Corner Land

2.7-acre commercial corner lot in high-traffic area.

6296 Route 242 E, Ellicottville, NY 14731

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$49,900

0.64 Acres

Prime Vacant Lot in Jamestown

0.64-acre vacant lot ready for development with utilities available.

663 Fairmount Avenue, Jamestown, NY 14701

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$750,000

1.20 Acres

Mayville Land For Sale

1.225-acre parcel in Mayville, ideal for development.

74 Water Street, Mayville, NY 14757

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$574,900

2,590 SF

Transit Road Commercial Opportunity

Renovated office on 3 acres in prime commercial corridor.

4830 Transit Road, Depew, NY 14043

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Off-Market Properties in Olean, NY

Consider similar Off-Market properties in Olean, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

116 Un St

RESTAURANT • 10,138 SF

Value Estimation by Request

116 Un St, Olean, NY 14760-3634

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2502 State St

RESTAURANT • 4,550 SF

RESTAURANT • 8,112 SF

Value Estimation by Request

315 Un St, Olean, NY 14760-2626

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500 Un St

DRIVE-THRU RESTAURANT, FAST FOOD • 3,038 SF

Value Estimation

$3,775,000

500 Un St, Olean, NY 14760-2651

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501 Un St

DRIVE-THRU RESTAURANT, FAST FOOD • 2,790 SF

Value Estimation

$975,000

501 Un St, Olean, NY 14760-2618

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501 8th St

RESTAURANT • 3,488 SF

Value Estimation by Request

501 8th St, Olean, NY 14760-2276

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800 Wayne St

RESTAURANT • 1,272 SF

Value Estimation by Request

800 Wayne St, Olean, NY 14760-2266

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615 Martha Ave

RESTAURANT • 1,363 SF

Value Estimation by Request

615 Martha Ave, Olean, NY 14760

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2936 Constitution Ave

DRIVE-THRU RESTAURANT, FAST FOOD • 896 SF

Value Estimation by Request

2936 Constitution Ave, Olean, NY 14760-1867

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447 Un St

DRIVE-THRU RESTAURANT, FAST FOOD • 2,765 SF

Value Estimation

$2,795,000

447 Un St, Olean, NY 14760-2656

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3007 Nys Rte 417

DRIVE-THRU RESTAURANT, FAST FOOD • 3,104 SF

Value Estimation

$2,295,000

3007 Nys Rte 417, Olean, NY 14760-1832

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Olean, NY Restaurants Investment Opportunities Market Analysis

Explore 50 restaurants for sale in Olean, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,948 square feet of properties for sale, with an estimated market value of $554,900.

Sale prices for restaurant properties in Olean, NY start at $275,000, averaging $277,450, and reaching up to $279,900 — 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

Demographics Overview

Population 17K

Population Growth (5Y) -4.9%

Median Household Income $52,569

College Educated 40.2%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
14760	$277.5K

Taxes & Financing

Average Loan-to-Value 65.0%

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Olean, NY Restaurants for Sale

Established Restaurant in High-Traffic Location

Turnkey restaurant opportunity in Olean, NY with high visibility.

Mixed-Use Building in Downtown Olean

Mixed-use property with commercial space and residential potential.

Established Restaurant in High-Traffic Location

Mixed-Use Building in Downtown Olean

Opportunities in Nearby Cities

Turn-Key Bar/Restaurant with License

Historic Downtown Mixed-Use Gem

Turnkey Nightlife Venue For Sale

Turn-Key Bar/Restaurant with License

Potential Development Sites for Consideration

Ellicottville Commercial Corner Land

Prime Vacant Lot in Jamestown

Mayville Land For Sale

Transit Road Commercial Opportunity

Off-Market Properties in Olean, NY

116 Un St

2502 State St

3067 Nys Rte 417

325 Main St

1695 State St

833 State St

671 State St

1123 State St

2860 Macduffy Rd

501 State St

610 Un St

315 Un St, Unit 17

500 Un St

501 Un St

501 8th St

800 Wayne St

615 Martha Ave

2936 Constitution Ave

447 Un St

3007 Nys Rte 417

Olean, NY Restaurants Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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