7072 Route 16 Franklinville, NY 14737

Property Details for 7072 Route 16

Year built

1945

Lot size

11.60 lot acres

Property size

2,264 SF

Property type

Commercial real estate

Description

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.