Address
309 N Union Street, Olean-City, NY
Price
$ 120,000
Property Attributes
  • MLS#B1488522
  • TypeCom Lease
  • CountyCATTARAUGUS
  • CityOlean-City
  • AreaOlean-City
  • Zip14760
  • StyleBusiness
  • Year Built1945
  • Taxes$ 8413
  • Price$ 120,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7308
  • Lot Size3,600 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description

Turn key Bar or restaurant, Centrally located in downtown Olean with plenty of parking out front. The bar/restaurant is huge with beautiful woodwork and brick walls. There are apartments upstairs that are in need of work but the potential is huge! This property is sold as is.

Price History
8/2/2023 Listed $139,000
1/24/2024 14% - $120,000

General Features

Sewer PublicSewer
Heating Electric,ForcedAir
Cooling CentralAir
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Membrane,Rubber
Zoning Mixed use
Year Built 1945
Stories 2
Township Not Applicable
Levels Two
Property SubType Business
Business Type BarTavernLounge
County Cattaraugus
Net Operating Income -8413.0
Property Type CommercialLease
Possible Use Residential
Total Rooms 6
Status Active
Directions N union Street
City Olean-City
High School District Olean
Zoning Description Commercial
MLS Area Olean-City-041200
Lot Size Square Feet 3600.0
Waterfront Y/N No
Street Name Union
Year Built Details Existing
Tax Annual Amount 8413.0
Property Condition Resale
Lease Considered Y/N Yes
Days on Market 43
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 150000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 43
Property Sub Type Additional Business,Apartment

Interior Features

Basement Full
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Water Source Public
Total Parking 12.0
Inclusions Land,Building and Business
Lot Size Area 0.0826
Number of Buildings 1
Building Area Total 7308.0
Lot Dimensions 36X100
Lot Size Acres 0.0826
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Lease Average in 14760

Price
AVG $190K
$120K
Taxes
AVG $8,108
$8,413
Visits
AVG 62
116
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1945
Walkscore
AVG 71
79
Data Provided by Walkscore® not using MLS data

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