Build­ings date to 1900, have been ren­o­vated

The Buffalo News - - BUSINESS -

of $275,730. That would value them at be­tween $3.4 mil­lion and $4.6 mil­lion.

The three-story yel­low build­ing at 515-517 Main in­cludes two first-floor store­fronts, oc­cu­pied by Main Street Gallery and Phenom­i­nal Xpres­sions. The 12,720-square-foot build­ing also has six sec­ond­floor stu­dio spa­ces in 4,300 square feet that are half oc­cu­pied. The third floor, also 4,300 square feet, is va­cant.

Next door is a tall, slen­der four-story build­ing with 8,800 square feet, fea­tur­ing a white fa­cade, black-framed win­dows and Juliet bal­conies. Tenants in­clude All­pro Park­ing and a res­tau­rant, while the top two floors are va­cant.

The third build­ing in the row, with its white columned fa­cade and bright pur­ple dec­o­ra­tive ac­cents, has six first-floor spa­ces, in­clud­ing Jerks, two law firms, an­other busi­ness and two empty suites. The se­cond floor of the 6,190-square­foot struc­ture is va­cant in front, with a lounge and of­fice space, but has a ten­ant in the rear. The third floor is also oc­cu­pied.

Fi­nally, the three-story Washington Street build­ing in back has 2,285 square feet of space. The tan brick build­ing is un­oc­cu­pied.

All four date to 1900, and were at least partly ren­o­vated in re­cent years by Tret­tel. Ac­cord­ing to the mar­ket­ing brochure, the “com­bined pro­ject” is lo­cated in a down­town Op­por­tu­nity Zone and the 500 Block His­toric District, mak­ing it a can­di­date for state and fed­eral his­toric tax cred­its.

It al­ready qual­i­fied for a $750,000 low-in­ter­est bridge loan from the Buf­falo Ur­ban De­vel­op­ment Corp., and Tret­tel is cur­rently ap­ply­ing for $50,000 in New York Main Street grant funds for ad­di­tional fa­cade work.

Grants are also avail­able from Na­tional Fuel Gas Co. and Na­tional Grid.

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