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    Olean, NY
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    Olean, NY Restaurants for Sale

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    Allegany, NY Portville, NY Hinsdale, NY Cuba, NY Great Valley, NY Duke Center, PA Bradford, PA Bolivar, 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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    Bar with Residential Units
    Updated: Sep 10
    Bar with Residential Units

    659 E State Street, Olean, NY 14760

    $249,919
    6,040 sqft 0.10 AC lot
    Operating bar with wings, pizza, live music, and Bills watch parties
    Five residential units included: three apartments above the bar plus a separate duplex
    6,040 square feet on 0.1033 acres
    Large side deck with a private parking lot and additional street parking
    New roof being installed on the bar; duplex roof fairly new
    View details
    Established Bar with Apartments
    Established Bar with Apartments

    659 E State Street, Olean, NY 14760

    $249,919
    6,040 sqft

    Operating tavern with food service, live entertainment, a substantial outdoor deck, and private parking in Olean.

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    See hot listings in Olean

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Restaurant with Kitchen Equipment
    Restaurant with Kitchen Equipment

    501 W State St, Olean, NY 14760

    $249,900

    The sale includes kitchen equipment and approximately 15 off-street parking spaces.

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    Based on your search, we've compiled 55 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 1 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.

    Downtown Nightclub With Apartments
    Downtown Nightclub With Apartments

    19 Mechanic St, Bradford, PA 16701

    $129,000
    3,049 sqft

    Operating venue includes a liquor license, banquet room, bar equipment, and two residential units requiring renovation.

    View details
    Nightclub with Outdoor Bar
    Nightclub with Outdoor Bar

    24 E Dyke Street, Wellsville, NY 14895

    $179,000
    3,481 sqft

    Equipped nightlife venue with indoor and outdoor entertainment areas, guest parking, and a dedicated DJ booth.

    View details
    Main Street Mixed-Use Opportunity
    Main Street Mixed-Use Opportunity

    19 N Main Street, Wellsville, NY 14895

    $145,000
    6,528 sqft

    Mixed-use building with bar/restaurant, apartments, and storefronts for sale.

    View details
    Bar Property With Event Building
    Bar Property With Event Building

    244 W Washington St, Bradford, PA 16701

    $99,900

    Commercial property with a substantial bar area, multiple restrooms, and a separate event building.

    View details

    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.

    Ellicottville Commercial Corner Land
    Ellicottville Commercial Corner Land

    6296 Route 242 E, Ellicottville, NY 14731

    $749,000
    2.70 AC lot

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

    View details

    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

    116 Un St, Olean, NY 14760-3634

    Estimated value:
    $305,000
    10,138 sqft 0.26 AC lot
    View details
    2502 State St
    RESTAURANT

    2502 State St, Olean, NY 14760-1823

    Estimated value:
    $1,675,000
    4,550 sqft 0.87 AC lot
    View details
    3067 Nys Rte 417
    RESTAURANT

    3067 Nys Rte 417, Olean, NY 14760-1832

    Estimated value:
    $230,000
    4,476 sqft 2.40 AC lot
    View details
    325 Main St
    BAR, TAVERN

    325 Main St, Olean, NY 14760-2607

    Estimated value:
    $135,000
    1,351 sqft 0.09 AC lot
    View details
    1695 State St
    RESTAURANT

    1695 State St, Olean, NY 14760

    Estimated value:
    $55,000
    1,872 sqft 0.29 AC lot
    View details
    833 State St
    RESTAURANT

    833 State St, Olean, NY 14760-3803

    Estimated value:
    $110,000
    3,140 sqft 0.14 AC lot
    View details
    671 State St
    RESTAURANT

    671 State St, Olean, NY 14760-2914

    Estimated value:
    $310,000
    3,654 sqft 0.14 AC lot
    View details
    1123 State St
    RESTAURANT

    1123 State St, Olean, NY 14760

    Estimated value:
    $140,000
    5,576 sqft 0.16 AC lot
    View details
    2860 Macduffy Rd
    RESTAURANT

    2860 Macduffy Rd, Olean, NY 14760-9651

    Estimated value:
    $50,000
    4,310 sqft 1.45 AC lot
    View details
    501 State St
    RESTAURANT

    501 State St, Olean, NY 14760-2543

    Estimated value:
    $135,000
    1,640 sqft 0.12 AC lot
    View details
    610 Un St
    DRIVE-THRU RESTAURANT, FAST FOOD

    610 Un St, Olean, NY 14760-2642

    Estimated value:
    $450,000
    2,660 sqft 0.64 AC lot
    View details
    315 Un St, Unit 17
    RESTAURANT

    315 Un St, Olean, NY 14760-2626

    Unit 17
    Estimated value:
    $375,000
    8,112 sqft 0.17 AC lot
    View details
    500 Un St
    DRIVE-THRU RESTAURANT, FAST FOOD

    500 Un St, Olean, NY 14760-2651

    Estimated value:
    $4,075,000
    3,038 sqft 0.52 AC lot
    View details
    501 Un St
    DRIVE-THRU RESTAURANT, FAST FOOD

    501 Un St, Olean, NY 14760-2618

    Estimated value:
    $1,065,000
    2,790 sqft 0.49 AC lot
    View details
    501 8th St
    RESTAURANT

    501 8th St, Olean, NY 14760-2276

    Estimated value:
    $65,000
    3,488 sqft 0.09 AC lot
    View details
    800 Wayne St
    RESTAURANT

    800 Wayne St, Olean, NY 14760-2266

    Estimated value:
    $185,000
    1,272 sqft 0.29 AC lot
    View details
    615 Martha Ave
    RESTAURANT

    615 Martha Ave, Olean, NY 14760

    Estimated value:
    $70,000
    1,363 sqft 0.21 AC lot
    View details
    2936 Constitution Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    2936 Constitution Ave, Olean, NY 14760-1867

    Estimated value:
    $150,000
    896 sqft 1.45 AC lot
    View details
    447 Un St
    DRIVE-THRU RESTAURANT, FAST FOOD

    447 Un St, Olean, NY 14760-2656

    Estimated value:
    $3,125,000
    2,765 sqft 0.72 AC lot
    View details
    3007 Nys Rte 417
    DRIVE-THRU RESTAURANT, FAST FOOD

    3007 Nys Rte 417, Olean, NY 14760-1832

    Estimated value:
    $2,540,000
    3,104 sqft 0.76 AC lot
    View details

    Olean, NY Restaurants Market Trends and Statistics

    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 13,720 square feet of properties for sale, with an estimated market value of $999,638.

    Sale prices for restaurant properties in Olean, NY start at $249,900, averaging $249,909, and reaching up to $249,919 — 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 3
    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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