Watertown Retail Space For
For Sale
Contact for pricing
Pending
18675 Route 11, Watertown, NY 13601
6,900 SqFt retail space available in Watertown, NY.
Property Size6,900 SF
Days on Market228
Property Features for 18675 Route 11
General Information
Standard status
Pending
Size
6,900 SF
Property subtype
Retail
Zoning
B-Business
Building Details
Year Built
1997
Year Renovated
2009
Tenancy
Single
Listing Agency:
Atlantic Retail Albany
Listed By:
Shannon Older · License #NY
(518) 785-8200
Source:
Crexi
Added: Feb 20
Changed: Oct 4
Last Checked: Oct 5 at 4:56PM
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 Atlantic Retail Albany
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 6,900 square foot retail space. The property is located in Watertown, NY.
Key Highlights
- Retail Property
- 6,900 SqFt
- Year Built: 1997
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,289
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,665,780
$1.7M
Cap Rate 7%
$1,189,843
$1.2M
Cap Rate 9%
$925,433
$925.4K
Market Conditions
NOI Build-Up for 6,900 SF
Gross rent
$124.2K $18.00/SF
− Vacancy
−$5.2K −$0.76/SF
EGI
$119.0K $17.24/SF
− OpEx
−$35.7K −$5.17/SF
NOI
$83.3K $12.07/SF
Area
Jefferson County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,665,780
Cap Rate 7%
$1,189,843
Cap Rate 9%
$925,433
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,289 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,142 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
933
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 6,900 SqFt retail space available in Watertown, NY.
Where is this retail space located?
The property is located at 18675 Route 11 Watertown, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Retail Property; 6,900 SqFt; Year Built: 1997
