65 Grant St Buffalo, NY 14213
Classic mixed-use building with retail and residential units in Buffalo.
Lot size:
0.13 Acres- Added:
- Apr 10, 2025
- Days on Market:
- 387
- Last Refresh:
- Jan 20 at 8:35 am
Property Features for 65 Grant St
General Information
- Standard status
- Active
- Lot size
- 0.13 Acres
Listing agent Julie C Iannello License #10401248663 (716) 636-8888
Listing office Recckio R.E. & Development, Inc (716) 636-8888
Listing date Apr 10, 2025
Source Exprealty
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 Recckio R.E. & Development, Inc
Overview
Restored Mixed-Use Building with Apartments
This classic building was restored and updated 10 years ago. It features three storefronts, two of which are occupied by a salon, with long-term tenants. Additionally, there are four apartments on the second floor, each containing three bedrooms, in-unit laundry, and central air conditioning. The apartments have updated bathrooms, newer flooring, kitchens, and appliances. The Assemblyman's office occupies one of the storefronts and has three years remaining on a 10-year lease. This professionally designed space includes six offices, a kitchenette, a conference room, a lobby, and two bathrooms. The salon space is bright and offers seating for guests with room to expand. Updated windows and electric service are present throughout the building. A large basement houses newer furnaces and water tanks for all units, with access through the rear and the salon. Each side of the basement has a sump pump. All tenants have separate utilities. Two apartments have been recently refreshed and are ready for occupancy. The property is centrally located in Buffalo, with close proximity (5-minute drive) to the Peace Bridge to Canada. It benefits from high traffic and ample street parking. The projected cap rate with full occupancy is 9.07%, with potential to increase.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8902
- Latitude
- 42.9158
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Classic mixed-use building with retail and residential units in Buffalo.
Where is this mixed-use property located?
The property is located at 65 Grant St Buffalo, NY.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Projected 9.07% cap rate with potential to increase, offering a strong investment opportunity.; Turn‑key property with a mix of commercial (3 storefronts) and residential (4 apartments) units, providing diversified income streams.; Strong, long‑term tenants in place, including a professionally designed Assemblyman's office with 3 years remaining on a 10‑year lease.
