800 E State St - Sports and Entertainment FOR SALE


Olean, NY 14760
$3,400,000 USD
716-378-7039
800 E State St, Olean, NY for Sale
$3,400,000 USD
Sports and Entertainment - FOR SALE
1/42
null | Request Cap Rate

800 E State St
Olean, NY 14760


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Good Times Of Olean

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

7.2 AC

LAND SF

313,632 SF

ZONING

General Commercial

APN/PARCEL ID

041200-094-066-0001-029-002-0000,041200-094-074-0001-010-002-0001,041200-094-075-0001-001-000-0000,041200-094-075-0001-002-000-0000,041200-094-075-0001-004-001-0000,041200-094-075-0001-004-002-0000,041200-094-075-0001-037-000-0000

ASK ABOUT THIS PROPERTY

Paul PezzimentiHoward Hanna Real EstateMore Info
716-378-7039

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Paul PezzimentiHoward Hanna Real EstateMore Info
716-378-7039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.