Douglas Jemal continues to scoop up downtown properties. Today he closed on side-by-side buildings at 515 and 521 Main Street. They are located across from the Hyatt hotel which Jemal purchased last year and has been renovating.
Jemal paid $1.125 million for the properties that had been owned by J. Roger Trettel. 515 Main includes 12,720 sq.ft. on three floors anchored by Noble Root Wine & Spirits. Misuta Chow’s anchors the four-story, 8,880 sq.ft. building at 521 Main. Jemal told Business First he plans to retain the commercial tenants and convert underused upper floors into residences. Jemal also has a deal in place to buy 529 Main Street from James Sandoro.
Trettal sold adjoining buildings at 523 Main Street and 500 Washington Street to Buffalove Development in September.
Published by Buffalo Rising
[related_posts_by_tax posts_per_page="4" format="thumbnails" image_size="full" limit_year="1"]