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Investment Highlights
- Well established and maintained 16-room motel, with bar and separate residence
- 175 feet of frontage on Buffalo Street (Route 438)
- On snowmobile trail, and close to hunting, Zoar Valley hiking trails and waterfalls
- Turnkey operation
- Located in the charming Gowanda Village Historic District with popular cultural events, festivals and entertainment
- Two minutes to Seneca Nation Cattaraugus Territory
Executive Summary
UPCOMING AUCTION: Bidding Opens September 14, 2026.
View the Crexi Auction listing and register to bid here: https://www.crexi.com/properties/2640321/new-york-palm-gardens-motel-and-bar
Well established and maintained 16-room motel, with bar and separate residence. Turnkey operation. 175 feet of frontage on Buffalo Street (Route 438). Located in the charming Gowanda Village Historic District with popular cultural events, festivals and entertainment. On snowmobile trail, and close to hunting, Zoar Valley hiking trails and waterfalls. Two minutes to Seneca Nation Cattaraugus Territory. Proximate to Holiday Valley & Kissing Bridge ski resorts and Highmark Stadium, home of the Buffalo Bills.
The nearest lodging option within 17 miles. Full, dry basement with voluminous storage capacity. Walk-in cooler, freezer and commercial laundry. Seller may hold mortgage for a qualified buyer. Excellent opportunity for growth. 10% cap rate. Average daily traffic count: 9,942 vehicles.
View the Crexi Auction listing and register to bid here: https://www.crexi.com/properties/2640321/new-york-palm-gardens-motel-and-bar
Well established and maintained 16-room motel, with bar and separate residence. Turnkey operation. 175 feet of frontage on Buffalo Street (Route 438). Located in the charming Gowanda Village Historic District with popular cultural events, festivals and entertainment. On snowmobile trail, and close to hunting, Zoar Valley hiking trails and waterfalls. Two minutes to Seneca Nation Cattaraugus Territory. Proximate to Holiday Valley & Kissing Bridge ski resorts and Highmark Stadium, home of the Buffalo Bills.
The nearest lodging option within 17 miles. Full, dry basement with voluminous storage capacity. Walk-in cooler, freezer and commercial laundry. Seller may hold mortgage for a qualified buyer. Excellent opportunity for growth. 10% cap rate. Average daily traffic count: 9,942 vehicles.
Property Facts
| Sale Type | Investment | No. Rooms | 16 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1953 |
| Building Class | C | Parking Ratio | 2.93/1,000 SF |
| Lot Size | 0.88 AC | Corridor | Exterior |
| Building Size | 9,889 SF |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 9,889 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 2.93/1,000 SF |
| Corridor | Exterior |
Amenities
- On-Site Bar
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | $78.00 | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 143601-349-150-0001-021-000 | Improvements Assessment | $307,100 |
| Land Assessment | $6,000 | Total Assessment | $313,100 |
Property Taxes
Parcel Number
143601-349-150-0001-021-000
Land Assessment
$6,000
Improvements Assessment
$307,100
Total Assessment
$313,100
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Palm Gardens Motel | 212 Buffalo St



