MP Home Team

242 Grant Street
Buffalo, NY, 14213
$824,900
Beds
0 Baths
12,448 SqFt
0.1 Acres
Add
MLS #B1690461 image #0
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.

Property Details

Price:
$824,900
MLS #:
B1690461
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Office
Subdivision:
West Side
Neighborhood:
buffalocity140200
Listed Date:
Jun 13, 2026
Finished Sq Ft:
12,448
Total Sq Ft:
12,448
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1920
Buffalo City-140200Buffalocity140200West SideBuffaloProbate

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Schools

School District:
Buffalo

Interior

Flooring
Carpet, Hardwood, Linoleum, Varies, Vinyl
Heating
Gas, Forced Air, Space Heater

Exterior

Construction Materials
Block
Lot Features
Rectangular, Rectangular Lot
Parking Features
Other, See Remarks
Roof
Membrane, Rubber
Security Features
Fire Sprinkler System
Stories
3

Financial

Taxes
$15,057

Map

Community

Subdivisions in Buffalo

Market Summary

Current real estate data for Commercial in Buffalo as of Jul 16, 2026
117
Commercial Listed
158
Avg DOM
84
Avg $ / SqFt
$543,468
Avg List Price

Property Summary

    242 Grant Street Buffalo NY is a Commercial for sale in Buffalo, NY, 14213. It is listed for $824,900

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