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Former Bar Lounge with Outdoor Patio
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228 Franklin St, Buffalo, NY 14202

Two-story former bar/lounge with a full basement and large outdoor patio in downtown Buffalo across from a parking ramp.

Property Size3,342 SF
Days on Market80

Property Features for 228 Franklin St

General Information

Standard status Active
Size 3,342 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Space Use Bar/Lounge
Highway Access Yes

Amenities

large outdoor patio

Building Details

Stories 2
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Buffalo
Listed By: Tyler A. Balentine · License #30SC0879149
Source: Moodyscre
Added: May 14 Changed: Jul 30 Last Checked: Jul 31 at 12:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Pyramid Brokerage - Buffalo

Investment Insights

Based on property information with market context.

This former bar/lounge space is housed in a two-story building with a full basement and approximately 3,342 SF of total space. The property includes existing bar/lounge infrastructure and a large outdoor patio, supporting restaurant- and entertainment-oriented concepts, retail use, office space, or an upper-floor residential conversion.

Located at 228 Franklin St in downtown Buffalo, the building sits directly across from the Augspurger Parking Ramp. The area is described as being near the Entertainment District, CBD, Canalside, and the Buffalo Niagara Medical Campus, with easy access to Route 33 and the I-190 Expressway.

Key Highlights

  • Approximately 3,342 SF two‑story former bar/lounge with full basement
  • Existing bar/lounge infrastructure for restaurant, bar, retail, office, or conversion use
  • Large outdoor patio attached to the existing bar/lounge

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Nail Salon Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,204
Businesses Nearby
Well-served
Demand for This Use

Demographics for 14202, NY

3,850
Population
2,452
Households
1.6
Avg Household Size
38
Median Age
45%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
4,278
Density / Sq Mi
$47,990
Median Household Income
$36,936
Median Earnings
$709
Median Rent
$495,800
Median Home Value

Market

Vacancy Rate% for Retail in Buffalo, NY

4.7% 2019
8.8% 2020
8.4% 2021
8.6% 2022
8.1% 2023
8.4% 2024
10.8% 2025
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Two-story former bar/lounge with a full basement and large outdoor patio in downtown Buffalo across from a parking ramp.
Where is this bar & pub located?
The property is located at 228 Franklin St Buffalo, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Approximately 3,342 SF two‑story former bar/lounge with full basement; Existing bar/lounge infrastructure for restaurant, bar, retail, office, or conversion use; Large outdoor patio attached to the existing bar/lounge
(585) 507-1500 Call to check price and availability
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