See Home Value
Olean 14760
501 North 8th Street
$80,904*
Commercial - Off Market

501 North 8th Street

Olean, NY 14760
bedrooms
Studio
bathrooms
0 Bath
square feet
3488 Sqft
$70,000 - $80,000
Reference Base Price*
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Opportunity knocks.  Take a look at this corner restaurant/bar and image the possibilities as a restaurant, bar, bakery or whatever your dream maybe.  Located on busy Wayne Street it will be sure to be a great location.  This building also comes with an attached building with 2 small apartments and 1 studio apartment to help pay expenses.

The manager has listed the unit size as 3488 square feet.
Unit Size
3,488Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$20
Property Type
Commercial
Property Taxes
$3,441
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Jul 23, 2021 No longer available -
No longer available
May 20, 2021 Relisted $70,000
Relisted
Apr 16, 2021 No longer available -
No longer available
Nov 7, 2020 Price Decreased $70,000
↓ $10K (12.5%)
Price Decreased
Apr 8, 2020 Price Decreased $80,000
↓ $15K (15.3%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$40,000 Apr 17, 2019
$40,000 Jul 22, 2021
$287/mo
Commercial
Loft
-
-
$65,000 Oct 6, 2022
$65,000 Mar 20, 2023
$260/mo
Multifamily
Stu
-
-
$72,500 Nov 17, 2022
$72,500 Feb 22, 2023
$239/mo
House
2 Beds
2 Baths
-
$69,900 Mar 17, 2023
$69,900 May 29, 2023
$254/mo
House
3 Beds
2 Baths
-
$71,000 Sep 19, 2022
$71,000 Dec 23, 2022
$143/mo
House
3 Beds
2 Baths
-
$67,840 Oct 6, 2022
$67,840 Dec 21, 2022
$165/mo
House
3 Beds
2 Baths
-
$70,000 Sep 20, 2023
-
$174/mo
House
3 Beds
1 Bath
-
$68,900 Sep 28, 2023
-
$228/mo
House
4 Beds
2 Baths
-
$64,900 Aug 30, 2023
-
$303/mo
Multifamily
6 Beds
2 Baths
-
$79,900 Jun 30, 2023
-
$110/mo
Multifamily
4 Beds
2 Baths
-
$59,900 Jul 12, 2023
-
$186/mo
House
3 Beds
1 Bath
-
$59,900 Oct 3, 2023
-
$203/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190417
04/17/2019
Loft
-
-
$70,000
bedrooms
Loft
bathrooms
-
$40,000 -42.86%
07/22/2021
-
Michelle Baer
Howard Hanna

Building Info

501 North 8th Street 501 North 8th Street, Olean, NY 14760
More about this Building
501 North 8th Street
Want to find out who owns 501 North 8th Street, Olean, NY 14760? Get detailed property transactions here .

About Olean


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