Bar sparks lots of interest in Buffalo, New York

A recently closed North Buffalo bar has attracted interest from potential buyers, just weeks after its listing went live.

Hanna Commercial real estate broker Greg Zadrozny said buyers visited the former KO Bar & Grill at 2265 Delaware Ave. The bar/restaurant has an asking price of $680,000.

“There was reasonable interest,” Zadrozny said.

Interest from potential buyers provides insight into how the Hertel Avenue/Delaware Avenue neighborhood has become one of Buffalo’s most attractive destinations for commercial investment and residential transactions.

Kevin Osinski, who opened the eponymous KO Bar & Grill in 2016, is retiring.
Zadrozny said the deal was “turnkey” and included all furniture and equipment.

“It’s almost like a mini Coles,” Zadrozny said.

The big draw is the location – a few blocks south of the Hertel Avenue/Delaware Avenue intersection and close to the center of the Hertel Avenue business district.
In addition to the bar/restaurant, the building also includes two two-bedroom apartments on the second floor.

The building dates from 1925 and has housed numerous bars and restaurants in recent years.