For Sale
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Property summary
This exceptional turn-key commercial welding and fabrication business, located at 267 High St in Watertown, NY, presents a rare opportunity for acquisition. Established nearly 50 years ago, this profitable operation boasts a loyal client base built on repeat business, ensuring immediate income potential for the new owner. The business occupies a substantial 3,500 square foot building situated on a 0.68-acre lot, providing ample space for both current operations and future expansion. Three-phase power is already in place, facilitating increased capacity and potential for diversification. The sale includes all existing equipment, making this a truly ready-to-go venture. A significant portion of the existing workforce may be willing to transition to the new ownership, providing continuity and expertise. While some sales experience may be beneficial to further grow the business, the existing client base and reputation provide a solid foundation for immediate success. The high foot traffic location in Watertown further enhances the business's visibility and accessibility. This is a unique chance to acquire a well-established, profitable business with significant growth potential. Priced at $649,900.
Property profile
VerifiedCap rate & NOI
Current use
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General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Urban Mixed Use (UMU). The UMU district functions as a downtown transition zone and is generally located at the edge of the Downtown District where land use transitions from intense urban business and entertainment uses…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
UMU · Watertown, NYUrban Mixed Use (UMU). The UMU district functions as a downtown transition zone and is generally located at the edge of the Downtown District where land use transitions from intense urban business and entertainment uses…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Urban Mixed Use (UMU). The UMU district functions as a downtown transition zone and is generally located at the edge of the Downtown District where land use transitions from intense urban business and entertainment uses…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for UMU in Watertown, NY.
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