7072 Ny-16 Franklinville, NY 14737

Property Details for 7072 Ny-16

Lot size

10.00 lot acres

Property size

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

Longitude

-78.4588

Latitude

42.3108