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    OFF-MARKET
    Retail properties & Spaces

    101 Main St, Watertown, NY 13601

    7,980 SF 0.27 ac lot Built 1860
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a vacant, three-story restaurant building at 101 W Main St, Watertown, NY 13601. Boasting 7,980 square feet on a 0.268-acre lot, this property offers immense potential for redevelopment. Built in 1860, the building's historic charm is complemented by its prime location in Brownville, directly across from established businesses Stewart and Nonna Dinna Pizzeria. The property's previous use as a successful bar and restaurant, with additional apartment space, suggests a variety of potential uses. The asking price is $55,000, translating to $6.89 per square foot. This represents a compelling entry point for investors seeking a high-return project in a vibrant community. The property's proximity to the Watertown airport adds to its strategic appeal. The building's substantial size and versatile layout provide ample space for creative vision and entrepreneurial endeavors. This is a rare chance to acquire a significant piece of Watertown's history and shape its future. The vacant status allows for complete customization and the opportunity to create a truly unique establishment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1860
    Total area 7,980 SF
    Lot 0.27 ac (11,674 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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