$650,000

245 Allen Street, Buffalo, NY 14201, US

Summary

Style: Mixed Use
Sq Ft: 8375
Year Built: 1900

Moving Quotes

primary photo for 245 Allen Street, Buffalo, NY 14201, US

Remarks

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.

Details

MLS#: B1623796
Price: $650,000

Style: Mixed Use
Sq Ft: 8375
Year Built: 1900

County: Erie
Lot Size: 32X100
Tax Fee: 14905

School District: Buffalo

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Broker Contact


Gurney Becker & Bourne
Nobody knows Buffalo like Gurney!
976 Delaware Ave
Buffalo, NY, 14209
US
Charles Gurney
! 716-849-1234
! gbb@gurneyrealestate.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by New York State Alliance of MLSs, LLC
Last updated: 2025-07-19T02:28:14.000-04:00.
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