Buildings date to 1900, have been renovated
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.