26216 State Route 283 Watertown, NY 13601
- Commercial real estate
- 4,730 SF
- 2.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 26216 State Route 283
- Year built
- 1987
- Lot size
- 2.13 lot acres
- Property size
- 4,730 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully leased three-unit strip mall in Watertown, NY, ideally situated on a high-traffic corner lot. Boasting a total of 4,730 square feet on a 2.13-acre parcel, this property offers immediate and substantial income generation. The current tenants ensure a consistent cash flow, making this an attractive proposition for savvy investors. The property includes two separate tax parcels (74.16-15.91, measuring 65x264 feet, is included), providing flexibility and potential for future expansion. The ample 2.13-acre lot offers significant room for additional development, such as a convenience store or gas station, capitalizing on the high volume of traffic in this prime location just outside Fort Drum and Watertown. The existing structure features plenty of parking, ensuring convenient access for tenants and customers. This turnkey operation is priced competitively, presenting a rare chance to acquire a profitable commercial property with significant upside potential. The property's self-sufficient nature and established tenant base make it an ideal investment for those seeking immediate returns and long-term growth.
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
- -75.8483
- Latitude
- 44.0056