Watertown Retail Space For
18675 Route 11 Watertown, NY 13601
For Sale
Contact for pricing
Pending
6,900 SqFt retail space available in Watertown, NY.
Property Size6,900 SF
Days on Market155
Property Features for 18675 Route 11
General Information
- Standard status
- Pending
- Size
- 6,900 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing Agency:
Atlantic Retail Albany
(518) 785-8200
Listed By:
Shannon Older · License #NY
Source:
Crexi
Added: Feb 20
Changed: Jul 6
Last Checked: Jul 24 at 6:27AM
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $124.2k | $18.00 |
| − Vacancy | −$5.2k | −$0.76 |
| EGI | $119.0k | $17.24 |
| − OpEx | −$35.7k | −$5.17 |
| NOI | $83.3k | $12.07 |
6,900 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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
