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Property profile & analytics
OFF-MARKET Estimated value $985,000
Turn key restaurants

1420 Main St Buffalo, NY 14209-1733

17,316 SF 0.36 ac lot Built 1925
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US63-0075617
Property summary
AI-generated overview

This exceptional two-story, 32,292 square foot Class B executive office building at 1420 Main Street in Buffalo, NY, presents a compelling investment opportunity. Built in 1920, this single-tenant property boasts significant recent updates, including HVAC system upgrades, window replacements, and interior remodeling. Currently operating as a banquet facility and office space, the building offers substantial redevelopment potential. Its prime location near the Utica subway station, Allentown, Hospital Hill, and downtown Buffalo ensures high visibility and accessibility. The asking price is $850,000. The property's substantial size and strategic location make it ideal for a variety of uses, capitalizing on its rich history and promising future. The building's existing infrastructure, coupled with its proximity to key areas of Buffalo, provides a solid foundation for a successful redevelopment project. This is a rare chance to acquire a significant piece of Buffalo's commercial real estate landscape, offering both immediate income potential and long-term growth opportunities. The property is situated in Erie County, NY, zip code 14209. Detailed financial information is available upon request.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1925
Total area 17,316 SF
Lot 0.36 ac (15,826 SF)
Zoning code N-2C
APN 140200 100.39-2-9
UPID US63-0075617
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Main Events Banquet Hall Wedding Service
  • La'Mo Beauty & Spa Hair Salon Nail Salon
  • Snacks N Sh!t Department Store
  • COYA United Department Store
  • Pearl Properties of NY LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$929k
Blend (final) Blend
$985k
Owner & transaction history
Main 1420 LLC
Main 1420 LLC
since 2025
7 recorded transactions
2025
$350,000
2024
$600,000
2020
Price N/A
2017
Price N/A
2014
$100,000
2013
$55,000
2004
$85,000
Zoning & alternative use
N-2C · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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