The commercial space on the ground floor of the Sidway is for lease. Again. Dorothy Stahlnecker and Gunner Tronolone of MJ Peterson Commercial Real Estate are listing the 4,800 sq.ft. of space at 775 Main Street. It was previously occupied by the Blu Mirage and short-lived Tabu nightclub. The building at the corner of Main and Goodell Streets is at the crossroads of Allentown, the Theater District, and Medical Campus.
The historic Sidway was converted from office space to 67 one and two-bedroom apartments in 2004 by Michael Joseph’s Clover Management. White Plains-based Woodlark Opportunity Fund purchased the property in November 2006 for $7.1 million.
With the 700 block streetscape project scheduled for completion next spring, the site’s prospects appear to be good. Two-way traffic will help. At the south of the block, Avalon Development has had success attracting a mix of service and restaurant tenants to its string of redeveloped properties at 723, 731, 737, and 741 Main Street.
Avalon recently purchased 715 Main Street at the corner of Tupper. That building is scheduled to get a new brick façade.
Get Connected: Dorothy Stahlnecker or Gunner Tronolone, 716.689.4155