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7072 Route 16 Franklinville, NY 14737

For Sale
$105,000

Multi-building property, 11.6 acres, high potential.

Property size:
2,264 SF

Description

Added:
Feb 3, 2025
Days on Market:
306
This exceptional commercial property, situated on an expansive 11.6-acre lot in Franklinville, NY, presents a remarkable investment opportunity. The property boasts a diverse range of structures, offering significant versatility and potential for various uses. The main building includes a 1,000 square foot storefront/retail space, ideal for a variety of businesses. Adjacent to the retail space is a substantial 1,150 square foot garage with a loft, providing ample storage or workshop space. A separate 38 x 30 warehouse/storage/workshop building features a single dock, perfect for distribution or manufacturing. Additionally, there are two residential structures on the property: a three-bedroom, one-bathroom house and a four-bedroom, one-bathroom single-family residence. A 50 x 20 garage with a 23 x 26 bay and a 12-foot-high single-car garage door adds further utility. The property utilizes a shared septic system and a spring-fed water source. Located in a rapidly developing area, this property benefits from the proximity to a new $500 million cheese factory currently under construction, projected to create nearly 500 local jobs, promising significant future growth and increased property value. The total square footage of the buildings is 2,264 square feet. This property is priced at $105,000 and offers a unique blend of commercial and residential space with significant upside potential.

Property Features for 7072 Route 16

General Information

Property type
Other commercial real estate
Square Feet
2,264 SF
Lot Size
505,296 SF

Building Details

Year Built
1945

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Franklinville
County
Cattaraugus
State
New York
Longitude
-78.45973
Latitude
42.30945

FAQs

What type of property is this?
Commercial real estate - Multi-building property, 11.6 acres, high potential.
Where is this commercial real estate located?
The property is located at 7072 Route 16 Franklinville, NY.
What is the asking price?
The asking price for this property is $105,000.
More about this property
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