Recreational Land for Sale in South Valley Town, New York

Commercial Restaurant/Inn | 12045 Bone Run Road, Frewsburg, NY | 5.75± Acres

Rare opportunity to own a beloved Western New York landmark and write its next chapter. The iconic Nic-L-Inn sits on approximately 5.75± acres along Bone Run Road in the Town of South Valley, Cattaraugus County a rustic country inn nestled in the foothills of the Allegany Mountains.

The building spans over 5,000 square feet and features three stunning fieldstone fireplaces, a full commercial kitchen, and generous dining room space. Outside, a covered patio with a bar and a beautiful waterfall sets the scene for outdoor dining and entertaining. All equipment and dining room supplies are included, truly turnkey for the right buyer.

The setting is unmatched. The property is surrounded by South Valley State Forest, which totals 4,227 acres and offers hunting, hiking, horseback riding, and snowmobiling right at your doorstep. Pine Hill State Forest, another 1,139 acres in the Towns of Randolph and South Valley, is also nearby and offers the same outstanding recreational opportunities. The Onoville Marina on the Kinzua Reservoir is just 4 miles away, where bald eagles and osprey soar over 12,000 acres of pristine water with 91 miles of shoreline to explore. For downhill skiing, Ellicottville is just 15 minutes to the north, and groomed snowmobile trails run throughout the region.

The Possibilities Are Endless - What Could This Property Become?

Restaurant & Bar Revival - Reopen the Nic-L-Inn to its former glory. The commercial kitchen, three fireplaces, outdoor patio, waterfall bar, and loyal regional following make this one of the most ready-to-reopen restaurant properties in Western New York.

Hunting & Fishing Lodge - With thousands of acres of NYS public forest on all sides and world-class deer, turkey, and bear hunting just out the back door, this property is a natural fit for a private or commercial hunting and fishing lodge. The Kinzua Reservoir and Allegheny National Forest add fishing and boating packages to the offering.

Wedding & Event Venue - The rustic fieldstone fireplaces, covered outdoor patio, waterfall feature, and sweeping natural surroundings create a breathtaking backdrop for weddings, rehearsal dinners, corporate retreats, and private events. Few venues in the region offer this combination of charm and acreage.

Bed & Breakfast or Boutique Inn - Convert the space into a destination inn catering to the flood of outdoor recreation visitors the region attracts year-round - skiers, snowmobilers, boaters, hikers, and hunters all need a place to stay.

ATV & Snowmobile Trailhead Destination - Position the property as the go-to stop for the thousands of riders who pass through South Valley each year. Food, fuel, lodging, and trail access all in one location is a concept that sells itself in this corner of Cattaraugus County.

Private Residence or Family Compound - With 5.75± acres, 5,000+ square feet, multiple fireplaces, and thousands of acres of state forest as your backyard, this could become a one-of-a-kind private estate unlike anything else in the region.

Wellness Retreat or Nature Getaway - The peaceful wooded setting, flowing water feature, and proximity to hiking, horseback riding, and kayaking make this an ideal canvas for a yoga retreat, wellness center, or off-grid nature escape.

Craft Brewery or Distillery - The building's open layout, commercial infrastructure, and destination location near major recreation draws make it a compelling candidate for a craft beverage operation with a taproom and event space.

Arts & Cultural Center - The dramatic interior with stone fireplaces and rustic character lends itself to a gallery, performance space, or community arts hub serving the greater Jamestown and Southern Tier region.

Properties with this much history, character, infrastructure, and natural surroundings simply don't come to market often. Whether you're an entrepreneur, a dreamer, or someone looking for the ultimate private retreat - the Nic-L-Inn is ready for its next great story. It’s an entrepreneur’s dream and a blank canvas...