242 Grant Street , Buffalo, NY 14213

New - 9 Hours Ago
View Full Photo Gallery

Property Description

Exceptional opportunity for investors and 1031 exchange buyers seeking immediate scale in one of Buffalo's most active rental corridors. This mixed-use asset features 10 residential apartments and 2 commercial storefronts under one roof, providing multiple income streams and long-term upside. The property encompasses approximately 12,000+ square feet and is strategically positioned on Grant Street, a highly visible commercial corridor with strong foot and vehicle traffic. The building is located just minutes from the campus of the State University of New York at Buffalo, attracting a consistent tenant base and benefiting from the area's ongoing demand for rental housing. The property includes a mix of spacious residential units and street-level commercial spaces, creating diversification and stability for investors. Conveniently located near shopping, restaurants, public transportation, downtown Buffalo, Delaware Park, and major commuter routes. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or acquire a value-add mixed-use asset with substantial income potential, 242-244 Grant Street presents a rare opportunity to own a cornerstone investment in Buffalo's thriving West Side market.

242 Grant Street | MLS# B1690461

This commercial property located at 242 Grant Street , Buffalo, NY 14213 is currently listed for sale with an asking price of $849,900. Grant Street is located within the Buffalo school district. Search Buffalo real estate on www.coldwellbankerprime.com today.

Gallery

Property Features

Property Type: Commercial - Office
Basement: Full
Heating: Gas, ForcedAir, SpaceHeater
Lot Size: 0.10 Acres
Roof Type: Membrane, Rubber
Stories: 3.0
Taxes: $15,057
Year Built: 1920

Feature Descriptions

Exterior: Block
Flooring: Carpet, Hardwood, Linoleum, Varies, Vinyl
Lot: Rectangular, RectangularLot
Lot Dimensions: 48X90
Parcel#: 140200-088-830-0007-023-000
Parking: Other, SeeRemarks
Parking Notes: Other, SeeRemarks
Security: FireSprinklerSystem
Sewer: PublicSewer
Utilities: ElectricityConnected, SewerConnected

Local Schools

School District: Buffalo

Demographics

Listed By / Shown By

Listing By

Agency Name: Park Realty of WNY LLC
Agency Contact: ToddVanderlip@gmail.com

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

IDX logo

Login to My Homefinder

Pixel