Technical
Financial
Distress signals
Property profile

3 Jefferson St Ellicottville, NY 14731

OFF-MARKET
Commercial real estate
Property ID
US63-3047195
4,608 SF 0.25 ac lot Built 1835
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Property summary

AI-generated overview

This charming Ellicottville, NY inn, located at 3 Jefferson Street, presents a unique investment opportunity. Spanning 4,608 square feet on a 0.25-acre lot, this established bed and breakfast boasts five rental rooms, each with its own ensuite bathroom. Two additional pet-friendly efficiency apartments provide further income potential. The property also includes owner's quarters, a spacious one-bedroom, one-bathroom apartment with a separate entrance, conveniently located near the kitchen and office workspace. A third-floor apartment, previously used for family and friends, could serve as a caretaker's suite. The main level features a large dining room with both family-style and smaller tables, a living room complete with a fireplace and bar area, and a kitchen with a center island. The potential for a handicap-accessible bedroom and bathroom on the entry level adds to the property's versatility. Recent updates include new siding, porch, roof, hot water tanks, and dishwasher. Central air conditioning is available on the second floor. The wrap-around front porch offers a relaxing space to enjoy the village atmosphere. This property represents a piece of Ellicottville's history, offering a blend of established business and comfortable living. The property is also listed residentially under B1514674.

Property profile

Verified
Property type Commercial real estate
Year built 1835
Total area 4,608 SF
Lot 0.25 ac (10,890 SF)
UPID US63-3047195

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bed & Breakfast Restaurant

Location

3 Jefferson St Ellicottville, NY 14731
Ellicottville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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