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    OFF-MARKET
    Retail properties & Spaces

    18675 Rte, Watertown, NY 13601

    6,900 SF 3.09 ac lot Built 1997
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 18675 Route 11 in Watertown, New York, presents a unique investment opportunity. The 6,900 square foot building sits on a 3.09-acre lot, offering ample space and visibility. Originally constructed in 1997 and extensively renovated in 2009, the property boasts a prime location within Watertown's automotive and service corridor, benefiting from significant frontage (250 feet) along Route 11. The building's layout includes five service bays and a dedicated customer service garage, a legacy from its previous use as a Kia dealership. This versatile space is zoned B-Business, allowing for a wide range of commercial uses. The property's strategic location, substantial size, and recent renovations make it an ideal investment for discerning buyers seeking a high-impact commercial property in a thriving market. The asking price is $1,350,000. The property's Jefferson County address and 13601 zip code further solidify its convenient location. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a desirable area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1997
    Total area 6,900 SF
    Lot 3.09 ac (134,600 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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