242 Grant Street Buffalo, NY $ 849,900
242 Grant Street
$ 849,900
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242 Grant Street

Buffalo, NY, 14213
$ 849,900
Bedrooms-- Baths-- Sq 12,448

Monthly Estimate*

$ 5,233

242 Grant Street, Buffalo, NY 14213 - Image 1
242 Grant Street, Buffalo, NY 14213 - Image 2
242 Grant Street, Buffalo, NY 14213 - Image 3
242 Grant Street, Buffalo, NY 14213 - Image 4
242 Grant Street, Buffalo, NY 14213 - Image 5

Commercial Property for sale in Buffalo, NY

for $849,900. This 12,448 square foot building was built in 1920 on a lot size of 0.1.

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.

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Commercial Active

Price

$ 849,900

Property Type

Commercial

Taxes

$ 15,057

Style

Office

Lot Size

0.1

Year Built

1920

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1690461

Features
General
Sewer PublicSewer
Heating Gas ForcedAir SpaceHeater
Utilities ElectricityConnected SewerConnected
Possession CloseOfEscrow Closing
Roof Membrane Rubber
Zoning N-2C
Security Features FireSprinklerSystem
Construction Materials Block
School District Buffalo
Year Built 1920
Stories Count 3
Township Not Applicable
Property Subtype Office
County Erie
Property Type CommercialSale
Possible Use Residential Service
Status Active
Directions Between Lafayette and West Delavan
City Buffalo
High School District Buffalo
Zoning Description Commercial
Number Of Units Total 0
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 4356.0
Year Built Details Existing
Tax Annual Amount 15057.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 919200
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 23
Property Sub Type Additional Office Retail Apartment MixedUse Commercial
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Interior
Basement Full
Flooring Carpet Hardwood Linoleum Varies Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Other SeeRemarks
Lot Features Rectangular RectangularLot
Total Parking 0.0
Inclusions Land Building and Business
Lot Size Area 0.1
Number of Buildings 1
Building Area Total 12448.0
Lot Dimensions 48X90
Lot Size Acres 0.1
Waterfront Y/N No
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Internal Only
Street Number 1 242
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* Excluded Features
List By
Park Realty Of Wny Llc

Broker

(716) 563-2166

Phone

Affordability Calculator

$6,488
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,233
Monthly Property Taxes
$1,255
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/14/2026$849,900 Listed Price

Map


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242 Grant Street, Buffalo, NY, 14213 is a Commercial Property for sale at $849,900 with 12,448 sqft and a lot size of 0.1. 242 Grant Street was built in 1920. The property's zip code is 14213 which is in Buffalo, NY