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Price $199,900

720 Wayne Street, Olean-city, New York 14760, Olean-city, New York 14760

  • Square Footage : 4,292 Sqft
  • Visits : 1 in 9 days
$199,900
Features
Heating System :
Gas, Forced Air
Parking :
18
Parking Features :
Driveway, On Site
Pool Expense : $0
Roof :
Asphalt
Sewer :
Public Sewer
Address Map
State :
NY
County :
Cattaraugus
City :
Olean-city
Zipcode :
14760
Street : 720 Wayne Street, Olean-city, New York 14760
Floor Number : 0
Longitude : W79° 33' 40.8''
Latitude : N42° 5' 7.3''
MLS Addon
Office Name : Howard Hanna Professionals - Olean
Association Fee : $0
Bathrooms Total : 0
Building Area : 4,292 Sqft
Business Type :
Food & Beverage, Restaurant, Bar/tavern/lounge
CableTv Expense : $0
DOM : 78
Electric Expense : $0
Elementary School : Washington West Elementary
HighSchool : Olean Senior High
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash
Lot Features :
Rectangular, Rectangular Lot
LotSize Dimensions : 65X100
Maintenance Expense : $0
MiddleOrJunior School : Olean Middle
Parcel Number : 041200-094-048-0002-061-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
Zoning : COM-1
AttributionContact : 716-378-7039
Property Description

Prime Investment Opportunity – Established Restaurant with Apartments & Retail Space in High-Traffic Olean Location. Don’t miss this incredible chance to own a fully operational restaurant on one of the most highly traveled roads in Olean! Positioned for success, this bustling location offers unbeatable visibility, with ample parking for 18 vehicles, making it easy for customers to visit and stay a while. This versatile property comes with two apartments above the restaurant, currently generating a total of $1,500 in monthly rental income- perfect for supplementing your investment. Whether you’re an experienced restaurateur or an aspiring entrepreneur, this property offers flexibility to fit your vision. There’s even more potential for growth! A retail space, currently owner-occupied, can be easily converted into extra dining space or another revenue stream once the owner transitions. The possibilities are endless- expand the restaurant, lease the retail area, or explore other uses to maximize your investment.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : R1598854
Price : $199,900
Square Footage : 4,292 Sqft
Year Built : 1920
Lot Area : 6,500 Sqft
Status : Active
Property Sub Type : Business
Agent info
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