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Rent-by-the-Room Inn Property
For Sale
$350,000

661 Factory Street, Watertown, NY 13601

31-unit rent-by-the-room inn with private guest rooms and shared common-area restrooms and facilities.

Property Size8,028 SF
Price / SF$43.60
Days on Market122

Property Features for 661 Factory Street

General Information

Standard status Active
Size 8,028 SF
Property subtype Multi-Unit

Building Details

Building Size 8,028 SF
Listing Agency: Syracuse Office
Listed By: Andrew Sheedy
Source: Pyramidbrokerage
Added: Apr 10 Changed: Aug 7 Last Checked: Aug 9 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Syracuse Office

Investment Insights

Based on property information with market context.

661 Factory Street is a 31-unit rent-by-the-room inn in Watertown, New York. The property provides private individual rooms with access to shared common-area restrooms and facilities for guests.

The offering includes two buildings: an 8,028-square-foot main building and a 560-square-foot shed.

An adjacent property with two buildings totaling over 120,000 square feet is also available for redevelopment.

Key Highlights

  • 31‑unit rent‑by‑the‑room inn with private guest rooms and shared common‑area restrooms and facilities
  • Two‑building setup includes an 8,028 SF main building plus a 560 SF shed
  • Located in Watertown, NY, steps from the Black River and minutes from Fort Drum

Property Analytics

Current Use

661 Factory Street ... Hotel & Motel

Suggested Use

Top Pick Nail Salon Gym & Fitness Center Garden Center HVAC Service Cafe & Coffee Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 13601, NY

37,287
Population
18,653
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
140.8 sq mi
ZIP Area
265
Density / Sq Mi
$57,503
Median Household Income
$37,061
Median Earnings
$974
Median Rent
$170,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - 31-unit rent-by-the-room inn with private guest rooms and shared common-area restrooms and facilities.
Where is this hotel located?
The property is located at 661 Factory Street Watertown, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 31‑unit rent‑by‑the‑room inn with private guest rooms and shared common‑area restrooms and facilities; Two‑building setup includes an 8,028 SF main building plus a 560 SF shed; Located in Watertown, NY, steps from the Black River and minutes from Fort Drum
More about this property
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