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Allentown Mixed Use Investment 253 Allen Street 7,508 SF 100% Leased Retail Building Buffalo, NY 14201 $1,400,000 ($186.47/SF)
Investment Highlights
- Heavy foot traffic
- Historic grant incentives
- 2026 Improvements
Executive Summary
This prime investment opportunity is strategically positioned in Buffalo's Historic Allentown District. Built in 1920, this building has a diverse tenant mix with off-street parking. Located at the prominent corner of Allen Street and Wadsworth, tenants and visitors enjoy picturesque views of Day’s Park. The location benefits from substantial retail foot traffic, driven by its proximity to the Medical Campus and the area's renowned dining and entertainment venues. The commercial tenant mix is an office user, restaurant & tavern, and 4 apartment units. 2019, 2024 and 2026 improvements made to the commercial units and HVAC. Zoned N2-C. 253 Allen Street combines historic charm with modern amenities.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,508 SF
Building Class
C
Year Built
1920
Price
$1,400,000
Price Per SF
$186.47
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.23
Lot Size
0.14 AC
Zoning
N-2C - The N-2C is mixed-use center in compact neighborhoods. The building is also carries a Historic Designation.
Parking
6 Spaces (0.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Restaurant
- Wheelchair Accessible
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- F.A.T.
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| F.A.T. | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (93)
Nearby Major Retailers
Property Taxes
| Parcel Number | 140200-100-770-0003-006-100 | Total Assessment | $327,000 (2024) |
| Land Assessment | $82,800 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $244,200 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
140200-100-770-0003-006-100
Land Assessment
$82,800 (2024)
Improvements Assessment
$244,200 (2024)
Total Assessment
$327,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Allentown Mixed Use Investment | 253 Allen Street
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