172 Clinton St Watertown, NY 13601
- Investment properties
- 5,276 SF
- 0.40 lot acres
Current Use by Public Records
- Nanci L. Hawkins MD FACOG FPMRS / Urologist / Obstetrician-Gynecologist
- Kristin M. Lewis, CNM / Nurse Practitioner
- Hill Jody / Medical Clinic
- Joyce Wilder / Nurse Practitioner / Midwife
Property Details for 172 Clinton St
- Year built
- 1950
- Lot size
- 0.40 lot acres
- Property size
- 5,276 SF
- Zone code
- DC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 221800 10-06-109.000
- APU
- 2218001006109000
Description
This exceptional Watertown, NY property offers a unique investment opportunity. Comprising two buildings totaling over 8,510 square feet on a 0.4-acre lot in the heart of the city, this property presents significant versatility. The main building boasts 5,768 square feet, while a secondary structure, originally a carriage house, adds another 2,472 square feet. Previously utilized as a medical office building, the property's adaptable layout allows for diverse uses. Imagine converting it back to residential, utilizing the carriage house as a separate living space or rental unit, or expanding your business with additional office space. The stunning woodwork, oversized solid wood doors, and wrap-around driveway enhance the property's appeal. Its central location provides easy access to city amenities, while the 0.4-acre lot, bordered by a church lawn, offers a surprisingly spacious feel. A walk-up attic viewing deck provides panoramic downtown views. Priced below recent appraised value, this property is a must-see for investors and entrepreneurs seeking a unique and versatile space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $250,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $225,000
- Mixed-Use
- $235,000
- Hospitality
- $220,000
- Educational
- $220,000
- Residential Income
- $260,000
- Energy
- $260,000
- Income-Based Land
- $270,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- New York
- Longitude
- -75.9148
- Latitude
- 43.9729
- CBSA code
- 48060
- CBSA name
- WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
