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120 S Union ST Olean, NY 14760
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Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 5,513 sqft
Price per Sqft $77
MLS Listing ID R1583828
Sold Date 05/16/25
Construction Status Existing
HOA Y/N No
Year Built 1895
Annual Tax Amount $6,477
Lot Size 0.465 Acres
Acres 0.4653
Lot Dimensions 107X188
Property Sub-Type Business
Property Description
We are pleased to offer The Old Library Inn- The Southern Tier's Most Unique Boutique Inn, full of Modern Victorian Charm. Come discover what it means to fall in love with Olean on one of our city's most beautiful streets, in one of the Southern Tier's most enchanting locations.
Our beautiful Victorian Inn, Located in the Heart of Downtown Olean, is just steps to the numerous recreational activities & cultural attractions in Cattaraugus County; including dining, shopping, hiking, biking, water sports, snowshoeing, ice skating, skiing & vibrant fall foliage. Explore the riches of St. Bonaventure University, Seneca Allegany Casino, the Basilica of St. Mary of the Angel's, Allegany State Park, Letchworth State Park, Rock City Park, and of course, our rolling Enchanted Mountains. Olean's historic district, walk-able downtown shops, and captivating scenery provide endless sightseeing and entertainment for all.
The Inn was recently updated with many new improvements and is ready to be a "turn-key" business for you to start as the New Host of this prominent Business! It features 7 "Author-themed Suites" as well as a Shared Kitchen, Dining Room. Living Room and Gorgeous Porch to sit outside & enjoy the happenings of the City!
It is being offered on it's own at only $475,000. or as a Package Deal with the Old Library Restaurant, for only $1,250,000. MLS #R1584182
Location
State NY
County Cattaraugus
Area Olean-City-041200
Zoning COM1
Interior
Heating Gas, Baseboard, Hot Water
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Flat,Membrane,Rubber
Total Parking Spaces 14
Building
Lot Description Rectangular, Rectangular Lot
Story 3
Sewer Public Sewer
Water Public
Construction Status Existing
Schools
School District Olean
Others
Tax ID 041200-094-065-0008-030-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Howard Hanna Professionals