Address
186-188 N Union Street, Olean-City, NY
Price
$ 1,250,000
Property Attributes
- MLS#R1520876
- TypeCommercial
- CountyCATTARAUGUS
- CityOlean-City
- AreaOlean-City
- Zip14760
- StyleBusiness
- Year Built1890
- Taxes$ 321505
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6636
- Lot Size1,912 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description
Excellent Investment Opportunity!! This Contemporary Restaurant, Located in the Heart of Downtown Olean, Is Now Available for you to call your own!! Originally 2 Buildings, it's Been Combined as 1 Large Corner-Lot Investment Property, Housing Brothers Bistro on the Main Floor with 4 Apartments above & the Potential to build-out 2 More Apartments! This Trendy, Upscale Restaurant has a Nice Fire Pit & Seating Out Front. It comes Turn-Key with All Equipment, Furnishings, & Catering Contracts. Between that and the Rentals, You will have Great Return! Don't Miss Out on This Amazing Opportunity!!
| Price History | |
|---|---|
| 2/13/2024 | Listed $1,250,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Gas,Central |
| Utilities | SewerConnected,WaterConnected |
| Possession | BeforeClosing,Immediately |
| Roof | Flat |
| Zoning | Com1 |
| Construction Materials | Brick,Masonry |
| Year Built | 1890 |
| Stories | 3 |
| Township | Not Applicable |
| Property SubType | Business |
| Business Type | BarTavernLounge |
| Accessibility | AccessibilityFeatures,AccessibleFullBath,AccessibleDoors,AccessibleEntrance |
| County | Cattaraugus |
| Net Operating Income | -321505.0 |
| Property Type | CommercialSale |
| Possible Use | HotelMotel,Other |
| Status | Active |
| Directions | Corner of N. Union St in Downtown Olean....2 Buildings...now owned by Brothers Bistro. 188-186 N Union,across from Community Bank Building |
| City | Olean-City |
| High School District | Olean |
| Zoning Description | Commercial |
| MLS Area | Olean-City-041200 |
| Lot Size Square Feet | 1914.0 |
| Waterfront Y/N | No |
| Street Name | Union |
| Year Built Details | Existing |
| Tax Annual Amount | 321505.0 |
| Property Condition | Resale |
| Lease Considered Y/N | No |
| Virtual Tour | https://boulevard-real-estate-media.aryeo.com/sites/yazwrkx/unbranded |
| Standard Status | Active |
| Middle/Junior School District | Olean |
| Elementary School District | Olean |
| Tax Assessed Value | 305000 |
| TaxOtherAnnualAssessmentAmount | 305000.0 |
| Tax Lot | 46 |
| Virtual Tour | https://boulevard-real-estate-media.aryeo.com/sites/188-n-union-st-olean-ny-14760-7732669/branded |
| Property Sub Type Additional | Business,Apartment,Commercial |
Interior Features
| Basement | Full,Partial |
|---|---|
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Street |
Exterior Features
| Parking Features | Common,ParkingFee |
|---|---|
| Water Source | Public |
| Total Parking | 10.0 |
| Inclusions | Equipment,Inventory,Land and Building |
| Lot Size Area | 0.0439 |
| Number of Buildings | 2 |
| Building Area Total | 6636.0 |
| Lot Dimensions | 21X89 |
| Lot Size Acres | 0.0439 |
| 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 Commercial Average in 14760
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: 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 NextHome
