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    3149 Main St Buffalo, NY 14214

    For Sale
    $2,490,000

    COMMERCIAL - Buffalo, NY

    Property size:
    9,667 SF
    Lot size:
    0.63 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 3149 Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    N-3C
    Rooms
    Basement
    APN
    140200-079-620-0002-022-100
    Parking
    45
    Parking features
    Paved or Surfaced
    Size
    9,667 SF
    Lot size
    0.63 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Concrete
    Building materials
    BlownInInsulation, Brick, Block, Masonry, Concrete, SprayFoamInsulation
    Roof type
    Membrane, Rubber, Asphalt

    Gurney, Becker & Bourne (716) 849-1234 [email protected]

    Listing agent Carmelo A Parlato (716) 849-1234 License #10401209029

    Listing date Oct 24, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Restaurant Buildings on Main

    Located in the University District, a half mile from UB South Campus, 3149-3165 Main Street features two restaurant buildings on a single 0.6265-acre property with over fifty parking spaces. The property includes "The Steer" and "Lake Effect Diner", both long-established restaurant brands. The restaurants can be separated. The Steer is a two-story building of approximately 7,100 square feet with a full basement, three bars (1st floor, 2nd floor, 2nd floor patio), two indoor dining rooms, two patios, and two kitchens. It has an indoor capacity of 235 and an additional 80 patrons on the two patios. The Lake Effect Diner is 2,600 square feet with a capacity of 50 and potential for an additional 80 included in a design plan for an addition (blueprints available). The Lake Effect Diner incorporates a vintage, 1952 Mountain View Diner that was transported from Wayne Pennsylvania in 2001. The vintage diner serves as the dining room, complemented by a new building housing a large kitchen and full basement, creating two stories of cooking, prep, and baking space. The Lake Effect Diner has been featured on the Food Networks "Diners, Drive-Ins and Dives" twice, including recently in 2025. Both buildings are newly updated, over equipped, and meticulously maintained. The property also includes a 600 square foot garage (20x30), and two sheds. Both restaurants will remain open until they are sold and closed. The zoning is N-3C.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Chuckuterie charcuterie and more LLC

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.826426
    Latitude
    42.949975

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    FAQs

    What type of property is this?
    Restaurant - Two well-established restaurants on a single property near UB South.
    Where is this restaurant located?
    The property is located at 3149 Main St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $2,490,000.
    What are key features of this property?
    This property features: - Two established restaurant buildings ("The Steer" and "Lake Effect Diner") on over half an acre with 50+ parking spaces.; - "The Steer": 7,100 sq ft, capacity for 235 indoors and 80 on patios, two-story building with full basement, three bars, two dining rooms, two patios, and two kitchens.; - "Lake Effect Diner": Includes a vintage 1952 Mountain View Diner, featured twice on Food Network's "Diners, Drive-Ins and Dives" (most recently in 2025), with expansion plans for 80 additional patrons.
    (716) 849-1234
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    3149 Main St Buffalo, NY 14214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3149 Main St Buffalo, NY 14214
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