250 Grant StBuffalo, NY 14213

For Sale
$1,900,000

Buffalo Grocery Store & Apartments

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 24,203 square foot mixed-use property located at 250 Grant Street in Buffalo, NY. Built in 1934, this Class C property sits on a 0.69-acre lot and is currently vacant, offering significant redevelopment potential. The property comprises a former grocery store, three street-level storefronts, a refrigerated warehouse with two ground-level and two truck-level docks, and six residential units (including two 2nd-floor apartments and a three-bedroom apartment with exterior access). Additional features include a fenced parking lot (29x137) and office space. The asking price is $1,900,000 ($78.50/sq ft). This prime location on Grant Street, in Buffalo's revitalizing West Side, offers easy access to I-990, Downtown Buffalo, the US/Canada border, and a new film production facility. The property's proximity to Buffalo State University, Albright-Knox Art Gallery, UB Medical campus, and other key attractions makes it an attractive investment for both residential and commercial development. The existing building could be redeveloped into market-rate loft-style apartments, or the property could be utilized for distribution or other mixed-use purposes. Business, inventory, and equipment are negotiable separately. 248 and 254 Grant Street are deeded as one parcel (250 Grant Street). The property boasts high foot traffic and is situated at the corner of Grant and Lafayette Streets.

Highlights

  • Prime location.
  • Suitable for distribution, multi-family, or mixed-use redevelopment.
  • Surrounded by new multifamily construction.
  • Six residential units on-site.
  • Three street-level retail spaces.
  • Includes a refrigerated warehouse.

Property Details for 250 Grant St

Property type
Other retail properties, Individual retail properties
Square Feet
24,203 SF
Class
C
Year Built
1934
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Buffalo
County
Erie
State
New York
Latitude
42.9206962
Longitude
-78.8908506
250 Grant St, Buffalo, New York

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250 Grant St
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