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Former Grocery Store Redevelopment
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650 State Street, Watertown, NY 13601

Former grocery store presents a redevelopment opportunity in a heavily populated area of Watertown.

Property SizeContact for details
Days on Market121

Property Features for 650 State Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Pavia Real Estate
Listed By: Patrick Agen · License #NY 30AG0873445
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:38AM

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 Pavia Real Estate

Investment Insights

Based on property information with market context.

This property offers a redevelopment opportunity centered on a former grocery store. The existing improvements provide a starting point for buyers looking to reposition the site for a new retail use.

The asset is located at 650 State Street in Watertown, NY, in a heavily populated section of the city, supporting continued demand for convenient neighborhood retail.

As a for-sale commercial redevelopment, the property is best suited for investors or developers evaluating adaptive reuse and repositioning of an existing retail footprint.

Key Highlights

  • Former grocery store available for re‑development
  • Located in a heavily populated section of Watertown

Property Analytics

Current Use

Citizen Advocates Watertown ... Medical Clinic

Suggested Use

Top Pick Carpet & Flooring Store Cafe & Coffee Shop Tech Support Center Grocery & Convenience Store Computer & Electronic Repair Florist

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

1,060
Businesses Nearby
Under-served
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Asian Market 552 State St, Watertown, NY 13601
  • New England Wendico 120 Arcade St, Watertown, NY 13601

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former grocery store presents a redevelopment opportunity in a heavily populated area of Watertown.
Where is this grocery and convenience store located?
The property is located at 650 State Street Watertown, NY.
What are key features of this property?
This property features: Former grocery store available for re‑development; Located in a heavily populated section of Watertown
(315) 736-1555 Call to check price and availability
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