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234 Grant St Buffalo, NY 14213-1421

OFF-MARKET Investment properties Google Maps
3,172 SF 0.12 ac lot Built 1910
Entity Owned ~ Est. High Equity
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
Property ID US63-0520321

Property summary

AI-generated overview

This exceptional 4,758 square foot mixed-use building, constructed in 1910, presents a compelling investment opportunity in the heart of Buffalo, New York. Located at 234 Grant Street, this two-story building boasts a prime corner location at the intersection of Grant and Lafayette Streets, ensuring high visibility and accessibility. The property features versatile space ideal for a variety of retail or office uses. The first floor previously housed a doctor's office, complete with a spacious waiting room and five exam rooms, offering a solid foundation for medical or similar professional uses. Adding to the income potential, two apartments on the second floor provide an additional revenue stream. A large, fenced paved parking lot offers convenient parking for tenants and customers. The building's historic charm blends seamlessly with its potential for customization, allowing for the creation of a unique and attractive space. Its central Buffalo location offers proximity to the vibrant business district, a wealth of amenities, and the trendy Elmwood Village, with its diverse selection of shops, cafes, and restaurants. Easy access to major transportation routes further enhances its appeal. The asking price is $350,000, translating to $73.56 per square foot. The 0.12-acre lot houses a single building, classified as Class C.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 3,172 SF
Lot 0.12 ac (5,220 SF)
Zoning code N-2C
APN 140200 88.83-7-24
UPID US63-0520321

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2026
2 recorded transactions
2026
$125,000
2026
Price N/A

Zoning & alternative use

N-2C · Buffalo, NY
Zoning description

applied in the N-2C zone. C A B Interior side or Rear Lot LineResidential Zone Interior side or Rear Setback Line RequiredSetback Maximum height permitted in abutting residential zoneA Additional height permitted by step…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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