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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.

Property Facts

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 -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
143601-349-150-0001-021-000
Land Assessment
$6,000
Improvements Assessment
$307,100
Total Assessment
$313,100
  • Listing ID: 34946931

  • Date on Market: 2/26/2025

  • Last Updated:

  • Address: 212 Buffalo St, Gowanda, NY 14070

Contact the Sale Advisor

Palm Gardens Motel | 212 Buffalo St

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