SQUARE FEET5,204
MLS#B1601089
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONRobert Morris Reserve
SCHOOLWellsville
Property Description
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. Whether you're expanding your rental portfolio or launching a new venture, this property represents an unbeatable opportunity for cash flow. 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 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
Property Features
Property Type: Commercial - Business
Cooling: 1 Unit
Heating: Electric, Individual
Lot Size: 2.40 Acres
Roof Type: Asphalt, Metal
Stories: 1.0
Taxes: $8,735
Year Built: 1960
Feature Descriptions
Days on Site: 344
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 420X410
Parcel#: 026600-237-000-0001-026-003-0000
Sewer: Septic Tank
Water: Well
Local Schools
School District: Wellsville
Listed By / Shown By
Listing By
Agency Name: WNY Metro Roberts Realty
Agency Contact: 716-239-9001
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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5081 Bolivar Road | MLS# B1601089
This commercial property located at 5081 Bolivar Road, Wellsville, NY 14895 is currently listed for sale with an asking price of $380,000. Bolivar Road is located within the Wellsville school district. Search Wellsville real estate on www.coldwellbankerchoice.com today.