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Property profile

172 Clinton St Watertown, NY 13601

OFF-MARKET
Investment properties
Property ID
US63-1080766
View Sample
5,276 SF 0.4 ac lot Built 1950
Entity Owned ~ Est. High Equity

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 5,276 SF
Lot 0.4 ac (17,304 SF)
Zoning code DC
APN 221800 10-06-109.000
UPID US63-1080766

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
  • Physician Medical Clinic
  • Physician
  • Medical Clinic
  • Midwife Health

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2025
1 recorded transaction
2025
$300,000

Zoning & alternative use

DC · Watertown, NY

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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