CCertihomes
800 E State Street, Olean-City, NY 14760

$3,400,000

0 beds 0 baths 46,600 sqft Built 201358 days on marketActive

About this home

Step into a rare and extraordinary opportunity to own a 45, 000+ square-foot, state-of-the-art entertainment facility designed to be the ultimate destination for recreation, dining, and events. This versatile property is a multi-functional powerhouse. Bowling Alley & Bar: At the heart of the facility is a 16-lane bowling alley, fully equipped and ready to host leagues, casual bowlers, or glow-in-the-dark bowling nights. Overlooking the action is a massive horseshoe bar that ensures guests never have to miss a moment of fun while enjoying their favorite drinks. Currently there is an active lease on the bowling alley. Two Fully Equipped Kitchens & Three Restaurants: Whether it’s serving up classic bar bites or fine dining, this facility offers two fully outfitted kitchens and two distinct dining spaces, ready to cater to guests with diverse tastes. The second restaurant space opens the door to new culinary concepts, pop-up events, or additional catering services. There is currently a contract to use the main kitchen space. Outdoor Recreation Paradise: Take the entertainment outside with 4 sand volleyball courts that are perfect for leagues, tournaments, or casual play. The mezzanine area offers a unique spot for outdoor activities and relaxation, creating the perfect blend of indoor and outdoor fun. Mini Golf, Batting Cages & More: Guests of all ages will love the full 18-hole mini golf course, featuring creative holes that keep players engaged. The batting cages provide another avenue for revenue and attract sports enthusiasts to the venue year-round. Event Space & Versatility: This property includes a dedicated event center space, perfect for hosting weddings, corporate events, parties, and community gatherings. The flexibility of the space allows for customized setups to meet any client’s needs, ensuring a steady flow of bookings. Additional Mechanical Building: An extra mechanical building provides ample storage or potential for future expansion. Built in 2014, this truly is a one of a kind facility that could has investment potential or to become your dream project.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$40,493/mo

Real estate (PITI + HOA + PMI)
$31,061
Principal + interest$15,421
Property tax + insurance$14,365
PMI / 2nd mortgage$1,275
Utilities
$21,231
Heating + cooling$10,466
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$40,493/mo TLC
Budget$40,993/mo
Remaining after TLC$500/mo
Purchase price
$3,400,000
Down payment
$170,000 (5%)
Loan amount
$3,230,000
APR
4%

Quick facts

Type
Business
Style
Year built
2013
Lot size
7.2 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
Public
HOA
Annual tax
$112,406
MLS #
R1584221
County
Cattaraugus

At a glance

Air conditioning

Home features

Parking
Common
Flooring
Carpet, Concrete, Hardwood, Linoleum, Varies, Vinyl
Roof
Asphalt, Metal
Sewer
PublicSewer

Lot features

IrregularLot

Schools

Elementary
East View Elementary
Middle
Olean Middle
High
Olean Senior High

Neighborhood — 14760

MetricThis ZIPCountyUSA
Population18,73219,351,094299,088,112
Population Change Since1990-14.00%8.00%20.00%
Population Density294395
Male8,8619,381,926147,432,321
Female9,8719,969,168151,655,844
Never Married4,4284,946,39163,775,926
Married7,2587,166,701123,120,365
Separated1,0261,159,67312,639,686
Widowed1,3671,110,24515,467,586
Divorced1,4651,210,44823,075,029
Number Of House Hold7,0997,102,016111,826,380
Average House Hold Size2.442.642.60
Medial Age37.0536.5335.46
Median House Hold Income$35,386$49,847$48,276
Average House Hold Income$46,879$70,032$63,629
P C I$18,889$26,569$24,529
M D I$31,259$42,210$41,133
A T H E$41,723$54,185$50,898
S T R8.00%4.00%
W C J84.88%81.55%77.74%
(Zip) Code
14760

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 1/14/2025. Provided courtesy of Howard Hanna Professionals via Buffalo MLS. Information deemed reliable but not guaranteed.