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    Property profile & analytics
    FOR SALE
    Retail space

    22087 Us Route 11, Watertown, NY 13601

    8,540 SF 1.11 ac lot Built 1993
    Individually Owned 16-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-2458325
    Property summary
    AI-generated overview

    This exceptional Watertown, NY commercial property presents a lucrative investment opportunity. Spanning 10,684 square feet on a 1.11-acre lot at 22087 US Route 11, this established business boasts a unique combination of revenue streams. The property includes a well-equipped convenience store and a separate liquor store, catering to a broad customer base. A significant advantage is the inclusion of one of the largest walk-in beverage coolers in the area, perfect for optimal product storage and display. This ensures efficient inventory management and preservation of perishable goods. Beyond the main retail spaces, a substantial storage building provides ample room for inventory and supplies, streamlining operations. The property's location just outside the city limits to the north offers convenient access while maintaining proximity to the city's amenities. Abundant parking ensures customer convenience and ease of access. The asking price is $1,799,500. This turnkey operation presents a rare chance to acquire a well-established business with significant growth potential in a desirable location. The combination of multiple revenue streams, ample storage, and convenient location makes this a truly exceptional investment opportunity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1993
    Total area 8,540 SF
    Lot 1.11 ac (48,352 SF)
    Zoning code 99
    APN 224889 74.18-1-2.2
    UPID US63-2458325
    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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    by Request
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    Owner & transaction history
    Christopher Quirk · 16 yrs held
    Christopher Quirk
    since 2010
    1 recorded transaction
    2010
    $275,000
    Zoning & alternative use
    99 · Watertown, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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