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    1179 Coffeen St Watertown, NY 13601

    Sponsored
    For Sale
    $699,000

    High-traffic location, investment opportunity.

    Property size:
    4,688 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property in Watertown, NY, presents a unique investment opportunity. Located at 1179 Coffeen Street, this 4,688 square foot building enjoys a prime commercial location just off State Route 81 and directly across from Jefferson Community College. Its position on a heavily trafficked street, Coffeen Street, provides excellent visibility and accessibility, with convenient access to an Interstate 81 exit ramp. The property benefits from its location in a densely populated area with a mix of commercial and residential properties. Watertown's strong economy is further bolstered by the presence of Fort Drum, a major U.S. Army base. The property itself comprises a single-family home and a fully operational dry cleaning plant, which also includes a tuxedo shop. This combination offers diverse income streams and potential for expansion or redevelopment. The property sits on a 0-acre lot. This is an ideal location for an investor seeking a high-traffic commercial property with significant potential in a thriving city environment. The property is priced at $699,000.

    Property Features for 1179 Coffeen St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    4,688 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.93915
    Latitude
    43.98698

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, investment opportunity.
    Where is this mixed-use property located?
    The property is located at 1179 Coffeen St Watertown, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    (607) 569-2020
    Request Owner's contact information
    1179 Coffeen St Watertown, NY 13601
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    Watertown, NY 13601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1179 Coffeen St Watertown, NY 13601
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