Entity Owned Property summary
This building was originally constructed as a movie theater and was converted into a live concert venue in 1993. The interior floor has been completely leveled, and the facility is configured with 16-foot ceilings. Improvements and infrastructure include a replaced roof with gutters, updated plumbing and hot water tank, an updated sprinkler system, electrical updates, and updated windows. The property includes a full-service bar and a stage, along with alleyway sidewalks with drains. It is licensed for public assembly, live music, DJ performances, and restaurant use, with a legal capacity of 821 persons. On-site features include a walk-in cooler, updated bathrooms, an air-conditioning system, and security cameras installed both indoors and outdoors. A mezzanine level provides private rooms. The building is located near Buffalo State College, with parking available in the surrounding area.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Zoning & alternative use
applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by step…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
N-2C · Buffalo, NYapplied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by step…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by step…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for N-2C in Buffalo, NY.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
