186 Allen St - Storefront Retail/Residential FOR SALE


Buffalo, NY 14201- Allen
$1,800,000 USD
716-486-9763
186 Allen St, Buffalo, NY for Sale
$1,800,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

186 Allen St
Buffalo, NY 14201
Allen


HIGHLIGHTS

  • High foot and vehicle traffic location
  • Prime corner location

OVERVIEW

Prime Corner Property in the Heart of Allentown/Elmwood Corridor Rare opportunity to own a high-visibility corner property located at 186 Allen Street (Former Towne Restaurant), at the intersection of Allen and Elmwood Avenue—one of Buffalo’s most dynamic and walkable urban corridors. This 14,554 SF two-story masonry building sits on 0.36 acres and features 37 dedicated parking spaces, a major advantage in this high-demand district. Formerly home to a popular Town Restaurant, the property is now vacant and ready for conversion—ideal for a medical, dental, pharmacy, retail, or restaurant reuse. Positioned just minutes from the Buffalo Niagara Medical Campus, downtown Buffalo, and surrounded by a mix of housing, restaurants, and retail, the site benefits from heavy pedestrian and vehicle traffic. Its corner exposure, signage visibility, and on-site parking make it one of the most attractive redevelopment opportunities in the market. Highlights: 14,554 SF building on 0.36 acres 37 on-site parking spaces Corner visibility at Allen & Elmwood High foot and vehicle traffic (11,000+ AADT) Walk Score 95 – “Walker’s Paradise” Minutes to Buffalo Niagara Medical Campus and Downtown Surrounded by restaurants, retail, and residential growth Ideal for medical, dental, pharmacy, or food service conversion Offering Price: $1,800,000 Zoning: N-2C (Mixed-Use Center) Status: Vacant / Immediate Occupancy

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,726 SF

ZONING

Commercial

APN/PARCEL ID

140200-100-770-0007-001-100

ASK ABOUT THIS PROPERTY

Arthur HallHunt Commercial Real EstateMore Info
716-486-9763

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Arthur HallHunt Commercial Real EstateMore Info
716-486-9763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.