437 Ellicott St Buffalo, NY 14203-1519
This exceptional turnkey restaurant opportunity in the heart of Buffalo presents a rare chance to acquire a thriving, established business. Located at 437 Ellicott Street, this 4,988 square foot, three-story building boasts a rich history, dating back to the 1930s. The property features stunning architectural details, including exposed brick, classic segmental arches, and beautiful wood floors, creating a unique and inviting atmosphere. The current configuration includes two sunny dining rooms, each complemented by custom-built bars, providing ample seating for 110 guests. The fully licensed establishment also includes a comprehensive catering operation. The fully equipped kitchen is a chef's dream, featuring top-of-the-line equipment such as pressure fryers, a grill, and a smoker, along with two full kitchens, three hoods, two walk-in refrigerators, and one walk-in freezer. The current gross rent is exceptionally low at $4,495. This is a truly remarkable opportunity for an experienced restaurateur to step into a ready-made success or for a new concept to establish itself in a prime location. The owner will provide full support and a comprehensive handover to ensure a smooth transition. The property is offered at $399,000.
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Toutant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
N-1C · Buffalo, NYBuffalo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.