248 Allen Street Buffalo, NY $ 650,000
248 Allen Street
$ 650,000
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248 Allen Street

Buffalo, NY, 14201
$ 650,000
Baths0.0 Sq 4,862

Monthly Estimate*

$ 4,540

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Studio

Commercial Property for sale in Buffalo, NY

for $650,000. This 4,862 square foot building was built in 1924 on a lot size of 0.0861.

Become a part of Buffalo history with this one of a kind turn key music venue and bar. Currently operating as Nietzsche’s, this two-story, all-brick building has been a staple in the Allentown entertainment district for 40 years, bringing to it an eclectic mix of musical acts and other forms of live entertainment. Sale includes the property, the name and all equipment owned by the business. First floor is a 3,500 square foot music venue and full bar with a 248 person capacity. Entranceway opens into the main bar area which also doubles as performance space for smaller and more intimate acts. Heading towards the rear of the building is the main venue/stage area with full PA system, designated dance floor, raised seating for better vantage points, and secured storage. Venue has two bathrooms and cooler/dry storage area for the bar. Second floor is currently set up as two living quarters. One serves as a green room for the talent and the other is set up as an apartment. Rooftop central HV/AC system services most of the building with a few space heaters for auxiliary heat. Sprinkler system services the entire building. Owner financing preferred.

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Commercial Pending

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,074

Style

Business

Lot Size

0.0861

Year Built

1924

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1451366

Features
General
Sewer PublicSewer
Heating Gas ForcedAir SpaceHeater
Cooling CentralAir
Utilities SewerConnected
Possession CloseOfEscrow
Roof Membrane Rubber
Zoning N-2C
Construction Materials Brick
Year Built 1924
Stories 2
Township Not Applicable
Levels Two
Property SubType Business
Business Type BarTavernLounge
County Erie
Net Operating Income -6074.0
Property Type CommercialSale
Possible Use Retail
Status Pending
Directions Elmwood to Allen
City Buffalo
High School District Buffalo
Zoning Description Other - See Remarks
Total Units 3
MLS Area Buffalo City-140200
Lot Size Square Feet 3750.0
Waterfront Y/N No
Street Name Allen
Year Built Details Existing
Tax Annual Amount 6074.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 99
Standard Status Pending
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 260000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
Property Sub Type Additional Business Office Retail Apartment
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Interior
Basement Partial
Flooring Hardwood Linoleum Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OffSite
Total Parking 0.0
Inclusions Equipment Land Building and Business
Lot Size Area 0.0861
Number of Buildings 1
Building Area Total 4862.0
Lot Dimensions 30X125
Lot Size Acres 0.0861
Lot Size Units Acres
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Internal Only
Street Number 1 248
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* Excluded Features
List By
Gurney Becker & Bourne

Broker

(716) 208-5340

Phone

Affordability Calculator

$5,047
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/15/2023$650,000 Listed Price

Map


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248 Allen Street, Buffalo, NY, 14201 is a Commercial Property for sale at $650,000 with 4,862 sqft and a lot size of 0.0861. 248 Allen Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 14201 which is in Buffalo, NY