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    186 Allen St Cor Of Elmwood Ave Buffalo, NY 14201

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    For Sale
    Contact for pricing

    Two-story corner property with restaurant and office space.

    Property Features for 186 Allen St Cor Of Elmwood Ave

    General Information

    Zoning
    Commercial

    Source: Rick Recckio Agent Rick Recckio

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

    Overview

    Corner Property with Redevelopment Potential

    This established corner property, owner-occupied since 1972, features two floors and a full basement. The first floor operates as a full restaurant with seating for over 200 people. The second floor is currently used as office space. On-site parking is available, with traffic signal access and curb cuts on both roads. The property is located on the corner of Allen Street and Elmwood Avenue, minutes from downtown Buffalo and the I-90 NYS Thruway, situated between Niagara Street and Main Street. The lot size is approximately 0.36 acres (90' x 175'). The property offers redevelopment opportunities and has ADA-accessible bathrooms on both floors. There is ample on-site and street parking. The second floor could be converted into apartments.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Map

    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8862
    Latitude
    42.8954

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    FAQs

    What type of property is this?
    Conventional restaurant - Two-story corner property with restaurant and office space.
    Where is this conventional restaurant located?
    The property is located at 186 Allen St Cor Of Elmwood Ave Buffalo, NY.
    What are key features of this property?
    This property features: - High-traffic corner location on Allen St and Elmwood Ave, minutes from downtown Buffalo and I90.; - Redevelopment opportunity with potential for apartment conversion on two floors.; - Existing structure with a 200+/- seating capacity restaurant on the first floor and office space on the second floor.
    (716) 998-4422
    Request Owner's contact information
    186 Allen St Cor Of Elmwood Ave Buffalo, NY 14201
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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
    186 Allen St Cor Of Elmwood Ave Buffalo, NY 14201
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