242 Grant Street, Buffalo, NY

$759,900

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12,448

Square feet

0.10

Acres

About 242 Grant Street

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.

Features of 242 Grant Street

MLS® # B1690461
Price $759,900
Bathrooms 0.00
Square Footage 12,448
Square Footage 4356
Acres 0.10
Year Built 1920
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 242 Grant Street
Area Buffalo City
Subdivision West Side
City Buffalo
County Erie
State NY
Zip Code 14213

Amenities

Utilities Electricity Connected, Sewer Connected
Features Rectangular, Rectangular Lot
Parking Other, See Remarks
Garages Other, See Remarks
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Hardwood, Linoleum, Varies, Vinyl
Heating Gas, Forced Air, Space Heater
Fireplace No
# of Stories 3
Stories 3
Has Basement Yes
Basement Full

Exterior

Exterior Block
Lot Description Rectangular, Rectangular Lot
Roof Membrane, Rubber
Construction Block

School Information

District Buffalo

Additional Information

Zoning N-2C
Short Sale No
RE / Bank Owned Yes

Listing Details

OfficePark Realty of WNY LLC
Contact InfoToddVanderlip@gmail.com

Listing Map

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