City January 22, 2010 7:56 AM

620 Main Street Flagship Retail Ready

620 Main Street Flagship Retail Ready
By Giovanni Centurione
 
With the wish for other national retailers to follow Bass Pro to our downtown waterfront, isn't it time we look at our already large vacant structures and market them nationally?
 
In larger cities such as NYC and Chicago, a building as large and glamorous as 620 Main Street in our Theater District would be marketed as 'Flagship Retail Ready'. Can anyone other than me imagine a name such as H&M, ZARA, or even Barnes & Noble locating in this building?
 
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620 Main Street has a long history in business and retail. It was designed in a neoclassical style by Esenwein & Johnson in 1919, and built by Thomas Dickinson. Mr. Dickinson was a journeyman who came to this country with his parents in 1836, from Leicester, England. His original store was located just down the street at 370 Main in 1849, then relocated to 254 Main Street in 1865.
 
In 1919, Thomas filed plans for a new building at 618-620 Main Street, at an estimated cost of $88,000. The store remained at this location until 1949, when they relocated to Delaware Avenue.
 
The next business to locate at 620 Main was, Martin Jacobi, a men's clothing store that remained in this location until 1982.
 
The building was then sold to Buffalo Savings Bank and later to Levy, King and White (now defunct), an advertising company who, in 1984, restored the facade and renovated the interior. You may have noticed the Levy, King and White name over the Main Entrance. It's not the original name of the building, as I once thought.

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Soon after, it became home to Reciprocal Inc., an e-commerce company that moved out in early 2001, followed by the last tenant, Appraisal.com Inc., and it has been vacant since 2008.
 
From the current looks of this building, it's in perfect shape, and ready for business. I can totally see this being home to an Anchor store - a flagship destination in our very own Theater District - that could have a great spin off effect.
 
With traffic soon to come back to the 600 block, and our residential base continuing to grow, retail is next.
 
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The total space breaks down as follows: 3rd Floor, 4,225 sf; 2nd Floor, 4,290 sf; 1st Floor, 4,510 sf; lower level, 5,225 sf; for a total of: 18,250 sf. There is a main entrance on Main Street and a rear entrance that leads to a parking lot off of Pearl Street, with room for ten parking spaces.  This is being advertised as single use only, to rent or buy. Rent is $12,000 a month, or the building can be purchased for $1.2 million. 
 
Contact:
 
Contact: Donna Kostrzewski
716.362.2677


[Correction:  It was first reported that in the early 1900s Eric Mower and Assoc. bought the building. EMA only occupied the building, but never bought it.]


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Agreed, it would be a beautiful huge store and shoule marketed as such. Now, forgive my ignorance, but who is supposed to do that sort of marketing? Is it the city's responsibility or is that something the real estate agents are supposed to do? or both?

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Giovanni, so your premise is that no retailer outside the city limits knows about the vacancies available in the downtown area and, if they did, they would gladly open their stores here even though there's not enough spending dollars and foot traffic in the area to justify it?

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Yea, Any sale on this property will be speculation, waiting for AM&A's, AM&A's warehouse and LaFayette Hotel to be redone. Once you get those places filled you might have a chance for a retailer.

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lol, 12,000 grand a month???? They will never ever get it.

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well not 12,000 grand. just 12 grand. or just 12,000

replied to onestarmartin
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lol, my bad, still never happen...they be smoken a little somethin somethin there...

replied to LouisTully
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That may be so, but $144K just for rent (annually) seems quite formidable for a business in this part of town. You'd have to sell quite a lot of whatever you're selling to make a profit.

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remember that its for 18.000sqft. thats only $12.5 a foot per year. not bad for office space. this has always been one of my favorite buildings.

replied to NBuffguy
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For a national store such as mentioned in the story, I'm sure they can do well. And I agree with the first paragraph. Why not market the vacant structures we already have to National Retailers while the Erie Canal Harbor Development Team markets vacant lots to them?

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what? an ikea-free thread? ingvar will be so disappointed.

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Buffalo's streets are reviving because of local businesses. We are all better off for this.
Local businesses keep money in the local economy more than the chains. And they make Buffalo a unique attraction.

While the big names have a certain amount of "big cityness", they won't work here.
Barnes & Noble, IKEA, etc. are not going to survive downtown.
And that's not such a bad thing.

Buffalo is unique, and it is solving its problems without the big chains. Let's hope a locally grown company, with a Buffalo personality moves into this space.

There is no reason why we need to look like every other city.

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interesting post. can't say i'd argue or disagree with anything you're saying. just why do you say big name chains wouldn't work? why wouldn't they survive? just trying to prod you is all.

replied to hamp
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Retail is where a healthy economy spends its money, not where it is earned. When the trains came in with raw materials and left with finished goods, that was an economy which supported retail. Simply "attracting" retail here is akin to trapping a critter so it can starve to death.

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The article seems to imply that Larkin Development isn't marketing this property correctly. Did anyone at Larkin comment? How does Larkin currently market the property? What other marketing strategies does the author suggest that have been successful in Buffalo or other real estate markets?

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