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$249,900
1 Day Online

720 Wayne Street
Olean-City, NY 14760

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths
4,292
SqFt
$58
/SqFt
1920
Built
County:
Cattaraugus
Call Now: (585) 900-1111
Is this the home for you? We can help make it yours.
(585) 900-1111
720 Wayne Street720 Wayne Street720 Wayne Street720 Wayne Street
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Mortgage Calculator

Monthly Payment (Est.)

$1,140
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Prime Investment Opportunity – Established Restaurant with Apartments & Retail Space in High-Traffic Olean LocationDon’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 additional apartments, 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.

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Listing Snapshot
Price 
$249,900
Days Online 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
4,292 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1492 Acres
Year Built 
1920
MLS® Number 
R1569047
Status 
Active
Property Tax 
$3,197
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen online
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1492
Additional Property Use 
ResidentialRetail
Number Of Stories 
2
Parking 
DrivewayOn Site
Parking Spaces 
18
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4292
Stories 
Two
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Zoning 
Commercial
Interior Features
Heating 
Natural GasForced Air
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Exterior Features
Roof 
Asphalt
Community Features
Financing Terms Available 
Cash
MLS Area 
Olean-City-041200
School District 
Olean
Township 
Not Applicable
Schools
School District
Olean
Elementary School
Washington West Elementary
Middle School
Olean Middle
High School
Olean Senior High

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the owner of this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2022 CNYIS, UNYREIS, WNYREIS. All rights reserved.

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Data last updated: November 15, 202212:27pm
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