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Property profile & analytics

601 Main St Buffalo, NY 14203

  • Hotels
  • 119,553 SF
  • 0.71 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-1570903
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Holiday Inn Express & Suites Buffalo Downtown - Medical Ctr / Hotel & Motel
  • Holiday Inn Express & Suites Buffalo Downtown - Medical Ctr, an IHG Hotel / Hotel & Motel
  • TGI Fridays / Restaurant

Property Details for 601 Main St

Year built
1990
Lot size
0.71 lot acres
Property size
119,553 SF
Zone code
N-1C
Property type
Hotels
APN
140200 111.38-4-6.112
APU
1402001113846112

Description

This exceptional 9,648-square-foot restaurant space, formerly a TGI Fridays, presents a unique opportunity in the heart of downtown Buffalo, NY. Located at 601 Main Street, this second-generation restaurant boasts a street-level entrance and convenient connectivity to a 146-room Holiday Inn Express & Suites. The expansive layout includes multiple indoor seating areas, accommodating 156 guests, along with an inviting outdoor patio and a large U-shaped bar. This corner location benefits from high visibility and foot traffic within a vibrant and active area, attracting young professionals and recent college graduates. The surrounding area is bustling with activity, day and night. Nearby hotels include the Embassy Suites, Hampton Inn & Suites, Curtiss Hotel, and Hyatt Regency, complemented by a diverse selection of local bars, restaurants, and nightclubs. The daytime activity is equally impressive, with proximity to New Era's flagship store, Fountain Plaza, the Convention Center, and numerous local, state, and federal office buildings. These include City Hall, the Western NY District Federal Court, FBI, IRS, and VA offices, as well as Buffalo Police Headquarters and Erie County Court. This property offers significant potential for a variety of restaurant or retail concepts, capitalizing on its prime location and established infrastructure within a thriving downtown environment. The property is situated in Erie County, New York, with a zip code of 14203.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    HOTEL/MOTEL
    $8,860,000
    Current use
    AUTO REPAIR, GARAGE
    $11,640,000
    Change: +31% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $11,370,000
    Change: +28% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8723
Latitude
42.8903
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$226,897
$337,600
$11,662,400
$12,000,000
-
$482,286
$16,660,571
$17,142,857
More about this property
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