7072 Ny-16Franklinville, NY 14737

Property Details for 7072 Ny-16

Lot size

10.00 AC

Property size (Sq ft)

2,264 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property in Franklinville, NY, presents a compelling investment opportunity. Situated on over 10 acres and zoned A-R, the property encompasses 2,264 square feet and includes two buildings. One building features a 1,000 square foot storefront/retail space, a 50 x 20 foot garage with a loft (1,150 square feet), and a 23 x 26 bay with a 12-foot-high garage door. A separate warehouse/storage/workshop area measures 38 x 30 feet and includes a single dock. A second building offers a 3-bedroom, 1-bathroom house. Additionally, a separate 4-bedroom, 1-bathroom single-family residence is located on the property. The property utilizes a shared septic system and a spring-fed water source. Located at 7072 NY-16, Franklinville, NY 14737, this property benefits from its proximity to the upcoming $500 million cheese factory project, anticipated to create nearly 500 local jobs. The asking price is $125,000, representing a price per square foot of $55.21. This versatile property offers numerous possibilities for owner-users or investors seeking rental income from the existing residential and commercial spaces. The property is classified as Class C.

Location Insight

City

Franklinville

County

Cattaraugus

State

New York

Latitude

42.3108

Longitude

-78.4588

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