720 Wayne Street, Olean-City NY 14760

$249,900

720 Wayne Street, Olean-City, NY 14760

bedrooms

bathrooms

square feet

4,292

Acreage

0.1492

Open Houses

year built

1920

Full Baths

Half Baths

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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 restaraunt, 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.

Location
Subdivision	-
County	Cattaraugus
Elementary School	Washington West Elementary
Middle School	Olean Middle
High School	Olean Senior High

Driving directions

Open houses

None scheduled.

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MLS number: R1569047

Listing agent: Paul Pezzimenti #10301214758

Listing broker: Howard Hanna Holt Real Estate (716) 269-4208

Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, January 15 2025 at 12:51 a.m. EST

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