Property profile

1420 Main St Buffalo, NY 14209

FOR SALE
Turn key restaurants
Property ID
US63-0075617
17,316 SF 0.36 ac lot Built 1925
Entity Owned Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 17,316 SF
1420 Main St, Buffalo, NY 14209
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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

Current use

Occupant on record · Public records
  • Wedding Service
  • Hair Salon Nail Salon
  • Department Store
  • Department Store
  • Real Estate Agency

Location

1420 Main St Buffalo, NY 14209
Buffalo metro Census 6602 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$929k
Blend (final) Blend
$345k

Owner & transaction history

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
Zoning description

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…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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