5081 Bolivar Rd - Hospitality FOR SALE


Wellsville, NY 14895
$600,000 USD
716-662-0449
5081 Bolivar Rd, Wellsville, NY for Sale
$600,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

5081 Bolivar Rd
Wellsville, NY 14895


HIGHLIGHTS

  • This property includes 19 rentable units — featuring 11 single rooms, 5 double rooms, and 1 spacious suite.
  • Ideal for Real estate investors looking to explore the following ideas: Short-term rentals, Mid Term Rentals, Live/work onsite
  • All units have ground-level access for easy entry and guest comfort, could be easily converted to ADA Compliant

OVERVIEW

19-Unit Motel with Owner's Quarters | Prime Rental Income Potential! Unlock multiple possible streams of passive income with this rare opportunity, ideally located on a high-traffic bus route between Olean and Wellsville NY. This property includes 19 rentable units — featuring 11 single rooms, 5 double rooms, and 1 spacious suite. All with first floor access. Perfect for investors seeking short-term rentals, long-term leasing, or hospitality income, this property is ready to operate immediately. Bonus: A private 2-bedroom owner’s residence is located on-site, has live-in management potential. All units have ground-level access for easy entry and guest comfort. Enjoy breathtaking, panoramic country views that stretch for miles — a unique selling point for travelers and renters alike. Key Features: 19 total rental units 2-bedroom owner's living quarters On bus route for easy accessibility Scenic views in a peaceful setting Versatile Potential Use: Motel, Airbnb, long-term housing Ideal for: Real estate investors looking to explore the following ideas: Short-term rental operators (Airbnb/VRBO) or Owner-operators seeking live/work opportunity Hospitality entrepreneurs #RealEstateInvestment #PassiveIncome #MultiUnitProperty #TurnkeyBusiness #MotelForSale #AirbnbOpportunity #CashFlowProperty #IncomeProperty #RentalIncome #UpstateNYRealEstate #InvestorSpecial #OleanNY #WellsvilleNY #RealEstateOpportunity #LiveWorkProperty

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$115 USD /SF

# OF ROOMS

20

PRICE/ROOM

$30,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

19-Unit Motel with Owner's Quarters

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.43 AC

LAND SF

105,952 SF

ZONING

01

APN/PARCEL ID

026600-237-000-0001-026-003-0000

ASK ABOUT THIS PROPERTY

Alicia WittmanWNY Metro Roberts RealtyMore Info
716-662-0449

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Alicia WittmanWNY Metro Roberts RealtyMore Info
716-662-0449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.