3 Jefferson St Ellicottville, NY 14731

Property Details for 3 Jefferson St

Year built

1835

Lot size

0.25 lot acres

Property size

4,608 SF

Property type

Commercial real estate

Description

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.