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Former Bar / Nightclub 228 Franklin St 6,684 SF Retail Building Buffalo, NY 14202 $650,000 ($97.25/SF)
Investment Highlights
- • Former bar/lounge available for sale or lease in Downtown Buffalo
- • Existing bar/lounge infrastructure with a large outdoor patio
- • Two-story building with full basement
- • Located directly across from the Augspurger Parking Ramp
Executive Summary
Former bar/lounge available for sale or lease in Downtown Buffalo. Two-story building with full basement. Existing bar/lounge infrastructure with a large outdoor patio. Located directly across from the Augspurger Parking Ramp. Prime downtown location with excellent visibility. Proximate to the Entertainment District, CBD, Canalside, and the Buffalo Niagara Medical Campus. Easy access to Route 33 and the I-190 Expressway. Ideal For: restaurant/bar, retail, office, and upper-floor residential conversion.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,684 SF
Building Class
C
Year Built
1922
Price
$650,000
Price Per SF
$97.25
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.10
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
N-1D
Frontage
50’ on Franklin St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- GOAT Bar
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| GOAT Bar | Retailer | - | - | - |
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-111-370-0004-005-000 | Improvements Assessment | $335,000 |
| Land Assessment | $183,000 | Total Assessment | $518,000 |
Property Taxes
Parcel Number
140200-111-370-0004-005-000
Land Assessment
$183,000
Improvements Assessment
$335,000
Total Assessment
$518,000
Contacts
-
Tyler A. Balentine -
Richard J. Schechter -
Cushman and Wakefield/Pyramid Brokerage Company
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Former Bar / Nightclub | 228 Franklin St
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