Rarely does an opportunity such as this come to pass. Currently, three outstanding interlinked properties are for sale in downtown Buffalo. A purchase of all three properties, which are owned by the same owner, would present limitless possibilities for a strategic buyer. The featured properties are 305 Franklin Street (a parking lot situated next to Aloft Buffalo downtown), 484 Pearl Street (home to Pour Taproom), and 492/494 Pearl Street (formerly Hemingway’s and Encore). Situated in the heart of the Theatre District, and a stone’s throw from Chippewa, this is an ideal location. And while most potential buyers will see the parking lot as an asset, there will be a handful that might consider infill, especially considering that the property’s neighbor is 500 Pearl , which boast multiple restaurants, a bowling alley, hotel suites, and banquet rooms. Buffalo is in need of more residential units for enhanced density and walkability, which is something to consider. Let’s get started with… Stay Informed with Buffalo Rising 305 Franklin Street Buffalo, NY 14202 Executive Summary: Location! Location! Location! 305 Franklin Street is a prime real estate opportunity in the heart of the entertainment district in downtown Buffalo, located next door to the Aloft […]
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