Property profile

7 S Main St Franklinville, NY 14737

FOR SALE
Specialty properties
Property ID
US63-1746332
5,384 SF 0.43 ac lot Built 1950
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property presents a unique opportunity to acquire a substantial office space in the thriving town of Franklinville, New York. The building, a former bank, boasts 2,444 square feet of versatile space, perfect for a variety of office-based businesses. Its single-story design, situated on a 0.32-acre lot (approximately 110' x 160'), offers ample parking and convenient access for clients and employees. The property's Class C designation reflects its potential for renovation and customization to meet specific business needs. Its strategic location on 7 S Main St places it conveniently between Route 17 and Route 98, ensuring excellent visibility and accessibility. The surrounding area offers a wealth of amenities, including a post office, liquor store, Dollar General, and various restaurants, churches, and other businesses. The zoning is commercial, allowing for a range of potential uses. This freestanding building presents a compelling investment opportunity in a well-established and convenient location. The property's size and location make it an ideal choice for businesses seeking a prominent presence in Franklinville. The ample parking and proximity to major roadways and local amenities further enhance its appeal. This is a rare chance to own a substantial commercial property in a desirable location. The property is located in Cattaraugus County, New York, with a zip code of 14737.

Property profile

Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1950
Total area 5,384 SF
Lot 0.43 ac (18,731 SF)
APN 044001 40.063-3-24
UPID US63-1746332

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency
  • (Bike/Boat/Book/etc) Store
  • Atm

Location

7 S Main St Franklinville, NY 14737
Franklinville metro Census 960800 OLEAN, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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