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85 West Chippewa Street
Buffalo, NY 14202
MLS #B1094265

Commercial
  • 7,160sq ft
  • 0.0686acres
A-Active $1,199,999
Est. P&I payment: $4583.18/mo
85 West Chippewa Street, Buffalo, NY 14202
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Description for 85 West Chippewa Street, Buffalo, NY 14202
MONEY MAKER! Mixed use building & turn-key business. Currently operating as profitable bar & grill, with rented apartments. Fantastic Outdoor bar/seating area too. Located in high traffic area downtown & steps from 4 major hotels (Westin, Hyatt, Embassy Suites & Hampton Inn), as well as Delaware North (multi-billion headquarters mixed use building) & the Avant (mixed use toweroffices, luxury residence & hotel). Located on Chippewa St. (well known nightlife area). No shortage of traffic here. Current clientele is 25% local/ 75% visitors.Several upgrades: Electric - new line to building, interior lines, meters/boxes; plumbing- galvanized pipes replaced with pvc on 1st & 2nd floors & from building to sewer; Sprinklers, doors, drywall up to current fire code. $1200 for 2 bed, $1000 studio (sep meters) on 2nd floor. 3rd floor - in process of being converted into 2 additional apartments. Purchaser to finish
MLS #B1094265
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My Notes for MLS #B1094265

General Features

  • Property Type: Commercial/Industrial
  • Status: A-Active
  • Total Num of Units: 4
  • Type Of Building: Bar /Tavern
  • Type of Sale: Normal
  • Year Built: 1910
  • Year Built Description: Existing
  • Num of Residential Units: 2
  • Num of 2 Bedroom Units: 1
  • Num of Studio Units: 1

Exterior Features

  • Construction: Brick,​Concrete
  • Lot Dimensions Depth: 116
  • Lot Dimensions Frontage: 25
  • Lot Number: 11
  • Num of Acres: 0.0686
  • Num of Buildings: 1
  • Parking Description: Off Site
  • Roof Description: Flat

Interior Features

  • Floor Description: Concrete,​Hardwood-Some
  • Living Quarters Description: Apartment
  • Living Quarters YN: 1
  • Num of Stories: 3
  • Residential Square Feet: 2,366
  • Sq Ft Total: 7,160

Utility Features

  • Electric Service: 220V
  • Heating Fuel Description: Gas
  • HVAC Type: Forced Air
  • Sewer Water: Public Sewer Connected

Financial Features

  • City Village Tax: 2,140
  • Incomeexpense Information: May Show Books,​Provided By Accountants,​Provided By Owner
  • Leased Square Feet: 3,777
  • Num of Leases: 2
  • Operating Expenses Include: Accounting/Legal,​Electric,​Gas/Oil,​Insurance,​Lease / Rental,​Licenses/Permits,​Rent,​Repairs/Maintenance,​Sewer,​Supplies,​Utilities
  • School Tax: 2,140
  • Total Taxes: 5,681
  • Town County Tax: 1,141

Community Features

  • City Neighborhood: Downtown
  • County Or Parish: Erie
  • Location: Other - See Remarks
  • Nearest Cross Street: Delaware
  • Village: Not Applicable

School Features

  • School District Name: Buffalo

Miscellaneous Features

  • Available Documents: Equipment List,​Lease/Sublease,​Liquor License,​Operating Statements
  • Business Name: Tap House Bar & Gril
  • Business Type: Bar & Grill
  • Sale Includes: Business Only,​Equipment,​Inventory,​Land and Building
  • Seller Desires: Cash,​Other - See Remarks,​Owner Will Lease
  • Zoning Code: c

Location

 
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Directions to 85 West Chippewa Street, Buffalo, NY 14202
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The listing information for 85 West Chippewa Street, Buffalo, NY 14202 was graciously provided by our friends at the listing brokerage, Keller Williams Realty Buffalo Northtowns

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P&I Payment $4583.18
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Last Updated 02/24/2018 at 8:35am
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