Property profile

1112 Water St Watertown, NY 13601

OFF-MARKET
Auto shops
Property ID
US63-1025274
768 SF 2.75 ac lot Built 1955
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property located at 1112 Water Street in Watertown, NY, presents a unique opportunity for a wide range of businesses. Boasting a substantial 3,150 square feet of space, this building sits on a generous 2.75-acre lot, providing ample parking and room for expansion. The property features a prominent four-bay garage, ideal for storage, workshops, or vehicle-related businesses. The high ceilings throughout the building offer versatile space for various uses. The front office area is designed with accessibility in mind, including a large waiting room and a customer restroom, ensuring a welcoming and convenient experience for clients. This property's size and layout make it suitable for a variety of commercial ventures, from retail and service businesses to light industrial operations. The expansive lot offers significant potential for future development or outdoor activities related to the business. Its prime Watertown location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the community. The asking price is $449,900. Don't miss this chance to acquire a versatile and spacious commercial property with significant growth potential.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Total area 768 SF
Lot 2.75 ac (119,790 SF)
Zoning code NMU
APN 221800 4-27-362.000
UPID US63-1025274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

1112 Water St Watertown, NY 13601-2146
Watertown metro Census 61300 WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2019
$190,000
2010
$150,000

Zoning & alternative use

NMU · Watertown, NY
Zoning description

Neighborhood Mixed Use (NMU). The NMU district creates vibrant corridors on arterial and collector roads at the edges of residential neighborhoods that allow for a mix of residential dwelling unit types, commercial servi…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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