$650,000
About this home
245 Allen Street is a 8, 375 square foot, mixed-use building located at the corner of Allen Street and College Street in the heart of the Allentown Historic Preservation District just steps to the Buffalo Niagara Medical Campus. The entire first floor of the building operates as "Allen Street Hardware", an established restaurant and bar that has been in business for over 20 years. The bar is leased for $5, 000/month with the leasee paying all utilities, there is also an apartment that is rented for an additional $600/month also not including utilities, making the gross yearly income of $67, 200. Property taxes are paid by the owner/seller. The building includes a commercial sprinkler fire suppression system. The front of the second floor is used for restaurant storage while the rear of the second floor is where the apartment is located. The roof, utilities, and mechanics were updated in the last 10 years. full attic/full basement. The lease for the bar is for 5 years with an option for an additional 5 years and was initiated in 2022.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.
- Real estate (PITI + HOA + PMI)
- $6,590
- Utilities
- $3,978
- Transportation
- $0
- Other (entertainment)
- $140
Quick facts
At a glance
Home features
Lot features
Rectangular, RectangularLot
Neighborhood — 14201
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 14,004 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -16.00% | 8.00% | 20.00% |
| Population Density | 13,737 | 395 | — |
| Male | 6,852 | 9,381,926 | 147,432,321 |
| Female | 7,152 | 9,969,168 | 151,655,844 |
| Never Married | 5,372 | 4,946,391 | 63,775,926 |
| Married | 2,502 | 7,166,701 | 123,120,365 |
| Separated | 1,367 | 1,159,673 | 12,639,686 |
| Widowed | 871 | 1,110,245 | 15,467,586 |
| Divorced | 1,342 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 6,863 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 1.94 | 2.64 | 2.60 |
| Medial Age | 34.14 | 36.53 | 35.46 |
| Median House Hold Income | $18,650 | $49,847 | $48,276 |
| Average House Hold Income | $35,805 | $70,032 | $63,629 |
| P C I | $18,556 | $26,569 | $24,529 |
| M D I | $17,648 | $42,210 | $41,133 |
| A T H E | $35,292 | $54,185 | $50,898 |
| S T R | 8.75% | 4.00% | — |
| W C J | 82.75% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 7/18/2025. Provided courtesy of Gurney Becker & Bourne via Buffalo MLS. Information deemed reliable but not guaranteed.