- For Sale $895,000
- Property Type Special
- Property Size 8,160 SF
- Lot Size 0.88 Acre
- Cap Rate % 10
- Date Updated Mar 3, 2025
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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
43/100 Car-Dependent
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Bike Score ®
40/100 Somewhat Bikeable
- City Gowanda, NY
- Zip Code 14070
- Market Buffalo
Points of Interest
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Twin Pines
0.94 miles
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Iroquois Smoke Shop
0.96 miles
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East End
3.48 miles
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Four Corners
5.00 miles
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The Painted Pony
5.63 miles
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Wolf's Run
5.87 miles
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Adlais Native Pride
6.57 miles
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Ross Pond parking area
3.18 miles
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Zoar Holcomb Pond parking lot
3.94 miles
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Olympia Restaurant
0.50 miles
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Zoar Valley Tavern
9.55 miles
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Gowanda High School
0.70 miles
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Dayton Branch Gowanda Central School
4.35 miles
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Seneca Nation of Indians Early Childhood Learning Center
5.44 miles
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School Number 6
5.82 miles
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Seneca Nation Early Childhood Learning Center
6.11 miles
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O E School
7.29 miles
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Holy Spirit School
7.81 miles
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District Number 2 School
8.66 miles
Frequently Asked Questions
The space currently listed for sale at Palm Gardens Motel asks for $895,000.
Palm Gardens Motel totals 8,160 square feet.
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Hanna Commercial Real Estate