Highly desirable commercial property, building site or residential property; located at one of the busiest intersections in all of Orleans County! This commercially zoned property offers prime development potential with city water & sewer and is comprised of two parcels of land. The house-site consist of .54 acres and a vacant lot with .42 acres, for a total of .96 acres of land. Located within the Newport Opportunity Zone, offering potential for substantial tax benefits for real estate developers/investors. The existing structure is fully livable and consist of a 1232 sq.ft, 2-story home, built in 1860, with character in the original hardwood floors & trim work throughout. Offering potential to be utilized as a single family home, home-based business, commercial office and/or retail property. Detached 3-story barn structure and a 2-car garage also on-site. The land slopes in the rear and offers a large amount of fill that could be excavated to make this a fairly level, spacious and fully usable site. This is a prime location for many uses and is well worth a look today. Also available with the house, garage and barn on .54 acres at $179,000, see MLS#4897677.