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    26-28 Washington St Ellicottville, NY 14731

    Sponsored
    For Sale
    $9,500,000

    SINGLE_FAMILY - Ellicottville, NY

    Type:Office
    Property size:
    6,888 SF
    Lot size:
    0.08 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 26-28 Washington St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security
    Zoning
    05-MLT USE
    Rooms
    Basement
    APN
    043601-055-035-0003-038-002-0000
    Parking features
    Offsite
    Size
    6,888 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard, Forced Air, Zoned, Electric (Heating)
    Cooling system
    Zoned, Central Air
    Water source
    Public

    Building Details

    Year built
    1860
    Floors in Building
    2
    Building materials
    Concrete
    Roof type
    Asphalt

    Keller Williams Realty Buffalo Northtowns (716) 832-3300 [email protected]

    Listing agent Brennan Macey (716) 832-3300 License #10401353748

    Listing date Dec 19, 2025

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ellicottville Turn-Key Restaurant & Apartments

    This is an incredibly rare investment or owner-operator opportunity in the heart of Ellicottville, NY. The Gin Mill, a renowned bar and restaurant, is available for sale as a fully turn-key restaurant, thoroughly equipped for immediate occupancy and operation. The property includes the right to continue operating with the "Gin Mill" name, a beloved and recognizable brand, the property in which the restaurant functions, and five exquisitely renovated apartments on the second floor designated as "The Brickstone Suites" (with a sixth apartment over the carriage house). The Gin Mill features a vibrant and lively atmosphere, equipped with a combination of memorabilia from the inception of Ellicottville, an original vaulted ceiling with substantial clearance, and rustic yet elegant features. Table seating accommodates 130+ persons, and bar seating accommodates 21+ persons. The bar has 37 brews on tap, including the award-winning Gin Mill Lager. The layout allows for live entertainment. Adjacent to the main dining room is a speakeasy-style private room available to be rented for private gatherings, equipped with a full bar and additional seating to accommodate 30+ guests. The kitchen is complete with all necessary equipment to run a successful operation and accommodate a perfectly sized menu with a wide array of dishes. A large basement was recently trenched and expanded to increase operation, and contains multiple refrigeration units for tap (run vertically to the bar), fridge, and freezer. This additional storage space with knee walls also contains backup systems for all utilities. The Brickstone Suites have private access to the second-floor apartments that have been entirely updated and suited for short-term or long-term rental, and are separately metered. These units consist of both one-bedroom and studio options. The property is situated on 0.0791 acres and the building size is 6,888 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brickstone Suites Vacation Home Rental Agency

    Suggested Use

    Building Supply Restaurant Dental Office Law Firm Auto Repair Shop Wholesale Shop Hair Salon Realty agency Pharmacy Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    West Rose, The BANQ Cocktails and Lounge, The Carriage House at the Gin Mill, 42 North Brewing Company Outpost, The Ratchet Hatchet

    Location Insight

    • Map
    • Local Demand
    City
    Ellicottville
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.671256
    Latitude
    42.275996

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    FAQs

    What type of property is this?
    Bar - Renowned restaurant, bar, and renovated apartments in Ellicottville, NY.
    Where is this bar located?
    The property is located at 26-28 Washington St Ellicottville, NY.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: - Turn-key, fully equipped and operational renowned bar and restaurant, 'The Gin Mill', including the brand name.; - Includes 5 exquisitely renovated, separately metered apartments ('The Brickstone Suites') for rental income, plus 1 additional apartment.; - High-capacity restaurant with seating for 130+ in the main dining area and 21+ at the bar, plus a private speakeasy room for 30+ guests.
    (716) 771-9300
    Request Owner's contact information
    26-28 Washington St Ellicottville, NY 14731
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    Ellicottville, NY 14731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26-28 Washington St Ellicottville, NY 14731
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