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0 Baths
12,448 sqft

$759,900

242 Grant Street, Buffalo NY, 14213

Price per sqft$61.05
Built in1920
Property size12,448 sqft
Property typeCommercial

Overview

Active

Listed Jun 13, 2026

Updated Sep 4

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.

Additional information

MLS® ID
B1690461

Interior Features

Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$15,057
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Park Realty of WNY LLC, Todd D Vanderlip

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Data last updated 5:14 AM UTC, 9/4/2026

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