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photo 0: 242 Grant Street, Buffalo NY 14213
photo 1 : 242 Grant Street, Buffalo NY 14213
photo 2 : 242 Grant Street, Buffalo NY 14213

Active

242 Grant Street, Buffalo NY 14213

MLS# B1690461

$849,900

Price

-

Beds

-

Baths


12,448

Living Area (Sq.Ft.)

0.1

Lot Area (Acres)

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.

Status

Active

Property Type

CommercialSale

Property Sub Type

Office

Year Built

1920

Parcel Number

140200-088-830-0007-023-000

Unit Number

--

Lot Features

Rectangular, Rectangular Lot

Lot Size Dimensions

48X90

Stories

3

Property Condition

Resale

Elementary School District

Buffalo

Middle Or Junior School District

Buffalo

High School District

Buffalo

Location

Listing Agent

Todd D Vanderlip

Listing Office

Park Realty of WNY LLC

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow,Closing

Special Listing Conditions

RealEstateOwned

Listing Terms

Cash

Documents Available

Aerial

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-06-13

Fire Places Total

0

Flooring

Carpet, Hardwood, Linoleum, Varies, Vinyl

Heating

true

Heating Features

Gas, Forced Air, Space Heater

Security Features

FireSprinklerSystem

Garage

--

Garage Spaces

--

Sewer

PublicSewer

Roof

Membrane, Rubber

Utilities

Electricity Connected, Sewer Connected

Parking Features

Other, See Remarks

Basement

Full

Construction Materials

Block

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