The former Roxy's nightclub on Main Street is still on the market, but now the owner has added the adjacent building that houses Coco bistro and four apartments for a combined $1.75 million package offering.
The two buildings sit across from the Buffalo Niagara Medical Campus and are among several on the street that are up for sale or lease as the neighborhood changes with construction on the campus.
"It's right across the street from the burgeoning Medical Campus," said Tyler A. Balentine, real estate agent with Pyramid Brokerage Co. "Main Street has really come back."
Balentine said owner Peter A. Rouff, a real estate developer and Tonawanda orthodontist, wants to sell the 6,718-square-foot building at 888 Main St. and the former Roxy's site at 884 Main St. together.
"We're really looking either for a buyer for both, or are looking for a tenant at 884 (Roxy's). That's the objective," Balentine said. "Both of them are for sale, but he will only sell both as a package."
Rouff previously had pursued a plan to convert the three-story 1883 mansion that once housed Roxy's nightclub into a mix of restaurant, offices and apartments. The Buffalo Preservation Board had approved the plan, but it failed to materialize for the building.
He put the Roxy's building on the market in the spring. A draft sale contract was negotiated over the summer, but that fell apart, Balentine said. "Nothing has quite come to fruition," Balentine said.
Balentine said Rouff spent a "couple hundred thousand" dollars on the Roxy's building in the last two years, adding new windows, gutting the inside and removing asbestos, as well as foundation repairs and gutter replacements.
Rouff declined to comment Wednesday on the properties.
Both properties are listed together: Roxy's for $750,000 and the adjacent 888 St. Main for $1 million, with tenants Coco restaurant and the upper apartments.
Coco owner Maura Crawford in early summer renewed the lease for her restaurant, with a 15-year renewal option.
"Peter has been a wonderful landlord. He's been very good about protecting me in the future," Crawford said. "I think he's trying to do the best for the neighborhood. He buys properties for investment, and I have to respect that."