See Home Value
$2,000,000
Commercial - Off Market

229 Allen Street

Buffalo, NY 14201
bedrooms
Studio
bathrooms
0 Bath
$10,274
Estimated Monthly
$0
HOA / Fees
0.16%
Cap Rate

About This Property

3 story brick building in the heart of Allentown, home of the iconic Mulligan's Brick Bar since 1934. The building is 11,340sqft w/approximately 4,000sqft on the 1st floor.The property & business are being sold together along with a  lease on the adjacent parking lot.The 2nd & 3rd floor are mostly gutted/open spaces in need of rehabilitation however, prior to the liquor license being established in 1934, the 2nd floor consisted of 2 apartments and a separate speakeasy/Ballroom.1st floor bar room is loaded w/ character quintessential to its identity & the neighborhoods.1st floor has long front bar w/ a brick base & a back bar.There are 2 updated bathrooms for patrons,1 for employees,1st floor walk-in cooler, DJ booth, & front deck for patrons.Back bar includes a small type 2 hood & was formerly a kitchen.Ornate brick patterns.The building is a contributing structure to the nationally recognized Allentown Historic Preservation District meaning that both the business and building are eligible for the full 40% in Historical Tax Credits.The business will continue to operate thru-out the sale process.Turnkey business,primed for development. Sellers will hold mortgage.
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$453
HOA Dues
-
Year Built
1890
Last updated: 2 months ago (NYSAMLS #B1442135)

Price History

Date / Event Date Event Price
Mar 5, 2024 No longer available -
No longer available
Nov 1, 2022 Listed by Gurney Becker & Bourne $2,000,000
Listed by Gurney Becker & Bourne

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

229 Allen Street 229 Allen Street, Buffalo, NY 14201
  • 1 Unit for Sale
More about this Building
229 Allen Street
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