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222 Katherine St 4,525 SF Vacant Retail Building Buffalo, NY 14210 $359,000 ($79.34/SF)
Investment Highlights
- Turn-key bar and restaurant with updated equipment
Executive Summary
Turn-key bar and restaurant located in Buffalo's historic Old First Ward, a true hidden gem with a loyal neighborhood following and strong visitor traffic. Family owned and operated since the 1950s, the business has been meticulously maintained with updated equipment and is ready for its next operator. Positioned in one of Buffalo's most recognizable historic districts, the property is frequented by cycling clubs throughout the summer, featured on local bus tour routes, and is the home of the South Buffalo Men's and Women's Rugby Club. The neighborhood comes alive each March during the Shamrock Run and the Old First Ward St. Patrick's Day Parade, drawing thousands of visitors. Ample on-site and street parking. The second floor offers excellent value-add potential for residential apartments, banquet facilities, or private event space, creating multiple opportunities for additional revenue.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,525 SF
Building Class
C
Year Built
1875
Price
$359,000
Price Per SF
$79.34
Percent Leased
Vacant
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
C06, F05,J02, J03 - 482 Multi use row detach
Parking
4 Spaces (0.88 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-122-490-0006-015-000 | Improvements Assessment | $158,700 |
| Land Assessment | $41,300 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
140200-122-490-0006-015-000
Land Assessment
$41,300
Improvements Assessment
$158,700
Total Assessment
$200,000
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