Share, , , Google Plus, Reddit, Pinterest, StumbleUpon

Print

Posted in:

470 Franklin Street is on the Market

Franklin-Buffalo-NY-14A significant building in Allentown is for sale. 470 Franklin Street is located between Virginia and Allen. The four-storey (plus 2000 +/- sq. ft. penthouse) 28,800 sq. ft. building is set in a prime location, doors away from Allen Street and close to the Medical Campus. Not only is this building beautiful, it’s also in great shape. Over the last year, $1 million+ has been spent replacing and repairing brick and mortar and new roof. This would be a great residential conversion, and the first floor would be perfect for retail (sans the Darth Vader windows).

This block of Franklin Street has seen a ton of activity as of late. A number of retail/service oriented businesses have popped up. There is a high end piercing studio, a new tattoo studio, a popular salon, and a classy lingerie boutique. There are also a number of developments that have been completed, and others that are underway.

Other than boasting some of the most stunning historic houses in the city, here are some of the other draws that come to mind.

Walkability and bike services abound
Walkability and bike services abound – Reddy Bikeshare | Café 59 | Giacobbi’s Cucina Citta
Boutique lingerie
Boutique lingerie – Lace & Day
High end piercing studio
High end piercing studio – The Parlour
Great Friday fish fries and relaxing patio
Great Friday fish fries and relaxing patio – The Hamlin House/Troop I Post
Recently featured in a Dr Rehab post
Recently featured in a Dr Rehab post
Popular salon
Popular salon – The Franklin Salon + Esthetics 
New tattoo parlour
New tattoo studio Black Cobra Tattoo Club
Strathman Manor recently finished - see here
Strathman Manor recently finished – see here

470 Franklin Street is for sale for $2 million

Features:

  • Located two blocks from Buffalo Niagara Medical Campus
  • Approximately 6700 sq. ft. per floor plus 2000 sq. ft. Penthouse
  • Owner will consider remaining on first two floors and continue to pay rent or vacate should Purchaser desire
  • Owner’s office space renovated 15 years ago
  • 3rd & 4th floor are vacant offices
  • Over $1 million recently spent on building replacing and repairing brick and mortar and new roof
  • Each floor separately metered for gas and electric
  • Passenger & freight elevators
  • Rear access from Virginia Place
  • Zoned C-2 Commercial
  • Usable basement with 10 ½ ft ceilings
  • Suitable for residential conversion

Get connected: Hastings Cohn Real Estate | 716-886-3325 | www.hastingscohn.com

Written by Buffalo Rising

Buffalo Rising

Sometimes the authors at Buffalo Rising work on collaborative efforts in order to cover various events and stories. These posts can not be attributed to one single author, as it is a combined effort. Often times a formation of a post gets started by one writer and passed along to one or more writers before completion. At times there are author attributions at the end of one of these posts. Other times, “Buffalo Rising” is simply offered up as the creator of the article. In either case, the writing is original to Buffalo Rising.

View All Articles by Buffalo Rising
Hide Comments
Show Comments