SQUARE FEET8,375
MLS#B1623796
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLBuffalo
Property Description
245 Allen Street is a 8,375 square foot, mixed-use building located at the corner of Allen Street and College Street in the heart of the Allentown Historic Preservation District just steps to the Buffalo Niagara Medical Campus. The entire first floor of the building operates as Allen Street Hardware, an established restaurant and bar that has been in business for over 20 years. The bar is leased for $5,000/month with the leasee paying all utilities, there is also an apartment that is rented for an additional $600/month also not including utilities, making the gross yearly income of $67,200. Property taxes are paid by the owner/seller. The building includes a commercial sprinkler fire suppression system. The front of the second floor is used for restaurant storage while the rear of the second floor is where the apartment is located. The roof, utilities, and mechanics were updated in the last 10 years. full attic/full basement. The lease for the bar is for 5 years with an option for an additional 5 years and was initiated in 2022.
Property Features
Property Type: Commercial - Business
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.07 Acres
Roof Type: Asphalt, Pitched, Shingle
Stories: 2.0
Taxes: $14,905
Year Built: 1900
Feature Descriptions
Days on Site: 256
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 32X100
Parcel#: 140200-100-770-0003-004-000
Parking: Parking Fee
Parking Notes: Parking Fee
Sewer: Public Sewer
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Public
Local Schools
School District: Buffalo
Listed By / Shown By
Listing By
Agency Name: Gurney Becker & Bourne
Agency Contact: 716-335-2227
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
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245 Allen Street | MLS# B1623796
This commercial property located at 245 Allen Street, Buffalo, NY 14201 is currently listed for sale with an asking price of $600,000. Allen Street is located within the Buffalo school district. Search Buffalo real estate on www.coldwellbankerchoice.com today.