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    601 Main St Buffalo, NY 14203
    Property profile & analytics

    601 Main St Buffalo, NY 14203


    • Hotels
    • 119,553 SF
    • 0.71 lot acres
    Former Restaurant with Hotel Connection For Lease
    $7,775,000
    9,648 SF

    Former Restaurant with Hotel Connection

    9,648 SF restaurant space connected to Holiday Inn Express.

    601 Main St, Buffalo, NY
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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 estimation — 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
    View Listing
    More about this property
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