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Property profile & analytics
FOR SALE
Auto shops

267 High St Watertown, NY 13601

3,500 SF 0.68 ac lot Built 1984
Individually Owned 27-yr Hold Absentee Owner Free & Clear
Property ID
US63-3692233
Property summary
AI-generated overview

This exceptional turn-key commercial welding and fabrication business, located at 267 High St in Watertown, NY, presents a rare opportunity for acquisition. Established nearly 50 years ago, this profitable operation boasts a loyal client base built on repeat business, ensuring immediate income potential for the new owner. The business occupies a substantial 3,500 square foot building situated on a 0.68-acre lot, providing ample space for both current operations and future expansion. Three-phase power is already in place, facilitating increased capacity and potential for diversification. The sale includes all existing equipment, making this a truly ready-to-go venture. A significant portion of the existing workforce may be willing to transition to the new ownership, providing continuity and expertise. While some sales experience may be beneficial to further grow the business, the existing client base and reputation provide a solid foundation for immediate success. The high foot traffic location in Watertown further enhances the business's visibility and accessibility. This is a unique chance to acquire a well-established, profitable business with significant growth potential. Priced at $649,900.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1984
Total area 3,500 SF
Lot 0.68 ac (29,621 SF)
Zoning code UMU
APN 221800 6-04-130.000
UPID US63-3692233
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Converse Welding General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
MICHAEL J CONVERSE
MICHAEL J CONVERSE
Zoning & alternative use
UMU · Watertown, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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