$2,000,000
●
Commercial -
Off Market
229 Allen Street
Buffalo, NY 14201
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
About Elmwood
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,500 /mo
- 1 Bed
- 1 Bath
- 800 ft²
$1,650 /mo
- 3 Beds
- 1 Bath
- 1,189 ft²