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Mixed-Use Building with Storefronts
For Sale
$799,900

242 Grant St, Buffalo, NY 14213

Mixed-use building with 10 residential apartments and 2 street-level storefronts under one roof on Grant Street.

Property Size12,448 SF
Price / SF$64.26
Days on Market63

Property Features for 242 Grant St

General Information

Standard status Active
Size 12,448 SF

Taxes and HOA fees

Annual Taxes $15,057
Listing Agency: Park Realty of WNY LLC
Listed By: Todd D Vanderlip · License #10491209533
Source: Exprealty
Added: Jun 13 Changed: Aug 8 Last Checked: Aug 13 at 8:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Park Realty of WNY LLC

Investment Insights

Based on property information with market context.

This mixed-use property includes 10 residential apartments and 2 street-level commercial storefronts under one roof, creating a combined income stream in a single building. The asset offers a straightforward scale for owners looking to manage multifamily and retail spaces together.

Located on Grant Street in Buffalo, the building is described as being on an active, highly visible commercial corridor. The property is positioned minutes from the State University of New York at Buffalo campus, which the remarks indicate supports consistent rental demand. Conveniently, it is also stated to be near shopping, restaurants, public transportation, downtown Buffalo, Delaware Park, and major commuter routes.

For investors seeking immediate ownership of both residential and retail components, 242–244 Grant Street provides a compact mixed-use configuration with apartments above and storefront space at street level.

Key Highlights

  • Mixed‑use building with 10 residential apartments and 2 street‑level storefronts under one roof
  • Approximately 12,000+ square feet
  • Located on Grant Street in a high‑traffic commercial corridor

Property Analytics

Current Use

Global Chic (Bike/Boat/Book/etc) Store Global Villages (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office HVAC Service Law Firm Accounting Firm Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,061
Businesses Nearby

Demographics for 14213, NY

25,834
Population
11,397
Households
2.3
Avg Household Size
30
Median Age
36%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
13,597
Density / Sq Mi
$52,597
Median Household Income
$36,084
Median Earnings
$1,059
Median Rent
$192,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with 10 residential apartments and 2 street-level storefronts under one roof on Grant Street.
Where is this mixed-use property located?
The property is located at 242 Grant St Buffalo, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Mixed‑use building with 10 residential apartments and 2 street‑level storefronts under one roof; Approximately 12,000+ square feet; Located on Grant Street in a high‑traffic commercial corridor
More about this property
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