USANYBuffalo245 Allen St
245 Allen St, Home with 0 bedrooms, 0 bathrooms and null parking in Buffalo NY | Image 1
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$650,000

245 Allen St, Buffalo, NY

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 8375 sqft
Garage No
Maintenance Fees 
Taxes $14,905
Days Active 1
Approx. Age 1900
Avg. Price Per Sqft $77
MLS® Number B1623796

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberB1623796
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Forced Air
A/C
Heating Fuel

Extras

Land and Building

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