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    492 Pearl St Buffalo, NY 14202

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    For Sale
    Contact for pricing

    Iconic brick building suitable for restaurant, banquet, or nightclub.

    Property size:
    4,088 SF
    Lot size:
    0.08 Acres

    Property Features for 492 Pearl St

    General Information

    Size
    4,088 SF
    Lot size
    0.08 Acres

    Source: Recckio Real Estate & Development Agent Rick Recckio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Downtown Restaurant/Nightclub Opportunity

    This iconic all-brick row house, formerly the Encore Restaurant, is situated in a prime downtown location in the heart of Buffalo's thriving theater and entertainment district, near the Chippewa strip. The property offers 4,800+/- square feet of space, making it suitable for use as a restaurant, banquet facility, and nightclub. It features a wide-open floor plan and a solid brick exterior. A new roof with trusses and 30-year architectural shingles has been installed. The property benefits from ample on- and off-street parking.
    Insight Report Location Intelligence

    Current Use by Public Records

    Night clubs

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Buffalo Tottaly Edible Inc (Food Truck), Sylver’s Place, Brothers Restaurant and Bar, Dinosaur Bar-B-Que, Chris' NY Sandwich Co

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8736639
    Latitude
    42.8927551

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    FAQs

    What type of property is this?
    Restaurant - Iconic brick building suitable for restaurant, banquet, or nightclub.
    Where is this restaurant located?
    The property is located at 492 Pearl St Buffalo, NY.
    What are key features of this property?
    This property features: - Prime downtown location in Buffalo's booming theater and entertainment district near the Chippewa strip.; - 4,800+\/- SF suitable for restaurant, banquet facility, and night club.; - Wide open floor plan.
    (716) 998-4422
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    492 Pearl St Buffalo, NY 14202
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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
    492 Pearl St Buffalo, NY 14202
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