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Terra Steffen
Licensed Real Estate Salesperson
REALTOR®
(585) 773-8109
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2715 Five Mile Road, Allegany, NY 14706

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Property Description

Rarely does a property with this level of versatility become available! Situated on approximately 6 picturesque acres, this extraordinary multi-use estate offers an exceptional combination of luxury living, established business space, rental income potential, and room for future vision. Ideal for an entrepreneur, investor, live/work buyer, or someone seeking multiple income streams, this property brings residential, commercial, and investment opportunities together in one impressive setting. Beyond the residence, the property includes a separate five-station beauty salon, two detached income-producing rental buildings, a large five-bay automotive repair shop, a magnificent two-story timber-frame barn with exceptional craftsmanship, and an additional storage barn. Whether continuing the current uses, operating your own businesses, expanding an investment portfolio, or exploring future concepts such as event, hospitality, retreat, agritourism, or other business uses, the possibilities are extensive. The centerpiece is a stunning 4,020 sq. ft. home showcasing beautiful natural woodwork and modern finishes throughout. The heart of the home features an incredible 1,000+ sq. ft. open-concept kitchen, formal dining area, two living rooms, and a four-season sunroom, all warmed by three cozy fireplaces. Step outside to a welcoming covered porch, perfect for relaxing or entertaining. Upstairs you'll find four spacious bedrooms, each with generous 4' x 6' closets. The spectacular 550 sq. ft. primary suite boasts 12' cathedral ceilings, a luxurious two-person 4' x 8' walk-in shower, an oversized walk-in closet with dressing room and built-in bureau, plus the convenience of second-floor laundry. A third-floor loft makes an ideal office, studio, or flex space, while the full basement with radiant heated floors and partially finished space offers even more opportunity. Luxury, craftsmanship, business potential, income opportunity, and endless possibilities-all in one unforgettable property. Buyer to verify zoning, permitted uses, occupancy, and intended use. See also MLS #R1697031, #R1697048, #R1697184.

2715 Five Mile Road | MLS# R1697048

This commercial property located at 2715 Five Mile Road, Allegany, NY 14706 is currently listed for sale with an asking price of $1,500,000. Five Mile Road is located within the Allegany-Limestone school district. Search Allegany real estate on terra-steffen.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business
Heating: Gas, Baseboard, MultipleHeatingUnits, Radiant
Lot Size: 6.13 Acres
Roof Type: Asphalt, Metal
Stories: 2.0
Taxes: $10,535
Year Built: 1900

Feature Descriptions

Days on Site: 12
Lot: Rectangular, RectangularLot
Lot Dimensions: 580X412
Parcel#: 042089-084-004-0002-028-005-0000
Parking: Common, Driveway, Surfaced
Parking Notes: Common, Driveway, Surfaced
Sewer: SepticTank

Local Schools

School District: Allegany-Limestone

Demographics

Listed By / Shown By

Listing By

Agency Name: EXP-Premier Listings Team
Agency Contact: 716-307-8894

Shown By

Agent Name: Terra Steffen
Agent Phone: (585) 773-8109
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:00:13 AM EST) or Global MLS (last updated Mon 07/20/2026 11:52:24 PM EST) or New York State Alliance MLS (last updated Mon 07/20/2026 11:58:59 PM EST) or Hudson Valley Catskill Region MLS (last updated Mon 07/20/2026 11:51:12 PM EST) or OneKey MLS (last updated Mon 07/20/2026 11:53:25 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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