250 Grant St Buffalo, NY 14213

Property Details for 250 Grant St

Year built

1934

Lot size

0.48 lot acres

Property size

8,757 SF

Zone code

N-2C

Property type

Investment properties

Property subtype

Live-work space

APN

140200 88.83-7-42

APU

1402008883742

Description

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.