7072 Ny-16Franklinville, NY 14737

For Sale
$125,000

10-Acre Parcel, Multiple Buildings

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • $125,000 asking price for a mixed-use property.
  • 10-acre lot with 2,264 square feet of building space.
  • Two buildings on site, including a storefront, garage with loft, and warehouse.
  • Property includes two residential units: a 3-bedroom, 1-bath house and a 4-bedroom, 1-bath SFR.
  • Located at 7072 NY-16, Franklinville, NY 14737, in an area experiencing economic growth due to a new cheese factory.

Property Details for 7072 Ny-16

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
2,264 SF
Class
C
Buildings
2
Stories
2
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Franklinville
County
Cattaraugus
State
New York
Latitude
42.310826
Longitude
-78.458752
7072 Ny-16, Franklinville, New York
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7072 Ny-16
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