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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 242 Grant Street, Buffalo, NY 14213
ACTIVE
0
$849,900

242 Grant StreetBuffalo, NY, 14213

12,448 SqFt0.1 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.

Est. Monthly

$4,029/MO

$849,900

242 Grant Street, Buffalo, NY

12,448 SqFt0.1 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.

StatusActive
Property TypeCommercial Sale
Property SubtypeOffice
Year Built1920
Days on Market1 day

Est. Monthly Payment

$4,028.50

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

242 Grant Street

Buffalo, NY 14213 • Erie
—
Beds
—
Baths
12,448
SqFt
0.1
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
Office
Year Built
1920106 years ago
Days on Market
1 day
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $15,057
Property History
  • Listed for sale
    Jun 13, 2026 • NYSAMLS • B1690461
    $849,900
Mortgage Calculator
Estimated monthly payment for this property
$4,028.50
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    B1690461
  • Listing Office
    Park Realty of WNY LLC
  • Last Updated
    10 hours ago

Climate & Systems

  • Heating
    • Gas
    • Forced Air
    • Space Heater

Interior Features

  • Flooring
    • Carpet
    • Hardwood
    • Linoleum
    • Varies
    • Vinyl
  • Basement
    Full

Parking

  • Parking Features
    • Other
    • See Remarks

Lot & Grounds

  • Lot Size
    0.1 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Office

Structure

  • Construction
    Block
  • Roof
    • Membrane
    • Rubber

Condition

  • Year Built
    1920
  • Condition
    Resale
  • Days on Market
    1 day
  • Water
    None
  • Sewer
    Public Sewer
  • Utilities
    • Electricity Connected
    • Sewer Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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