Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 7072 Ny-16
- Lot size
- 10.00 lot acres
- 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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklinville
- County
- Cattaraugus
- State
- New York
- Longitude
- -78.4588
- Latitude
- 42.3108
