Factory Sq Watertown, NY 13601
- Office Properties & Spaces
- 124,465 SF
- 1.12 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for Factory Sq
- Year built
- 1950
- Lot size
- 1.12 lot acres
- Property size
- 124,465 SF
- Property type
- Office Properties & Spaces
Description
This exceptional investment opportunity encompasses two historic commercial buildings totaling 124,465 square feet situated on a 1.12-acre lot in Watertown, NY's desirable Factory Square. The property boasts unparalleled waterfront access along the scenic Black River, offering immediate proximity to the city's downtown business district. The Fairbanks Building, comprising 18,000 square feet, previously served retail and storage needs. The adjacent Factory Square Building, a substantial 100,000+ square foot structure, holds significant historical value as the former home of the H.H. Babcock Buggy Company, renowned for its carriage, buggy, automobile body, and parts manufacturing. Both buildings feature attractive architectural details, high ceilings, functional cargo elevators, and modern sprinkler systems, making them adaptable to a wide range of commercial uses. Their historical significance and prime waterfront location present a unique redevelopment opportunity, suitable for retail, office space, or mixed-use projects. This is a rare chance to acquire a piece of Watertown's history with direct downtown access, presenting significant potential for investors seeking restoration or repurposing projects. The asking price for this remarkable property is $1,900,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- New York
- Longitude
- -75.9003
- Latitude
- 43.9785