242 Grant Street
Buffalo, NY 14213 · Erie County
Price
$824,900
Bed / Bath
—
Interior
12,448 sqft
Lot
4,356 sqft lot
Built
1920
↓ Reduced from $849,900
About this home
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.
Mechanical
Heating
Gas, Forced Air, Space Heater
Schools
District
Buffalo
Tax & finance
Annual taxes
$15,057
Financing
Cash
MLS Attribution
Listing courtesy of Park Realty of WNY LLC. Listing agent: Todd D Vanderlip. Data last updated 7/8/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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