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    FOR SALE
    Manufacturing properties

    740 Water St, Watertown, NY 13601

    53,222 SF 2.7 ac lot Built 1960
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US63-2442200
    740 Water St, Watertown, NY 13601 For Sale
    $575,000 53,222 SF
    740 Water St, Watertown, NY 13601
    View Listing →
    Property summary
    AI-generated overview

    This exceptional Watertown, NY property at 740 Water Street presents a unique investment opportunity. Boasting a substantial 80,000 square feet, this versatile building seamlessly blends industrial and executive office space. The industrial component features two loading docks and one dock-high door, facilitating efficient goods handling. Further enhancing functionality are a material lift and a construction lift, ideal for various operational needs. The upper level comprises 10,000 square feet of well-appointed executive office space, providing a comfortable and professional environment. Situated on a sizable lot ranging from 1.65 to 2.7 acres, the property offers ample space for expansion, future development, or convenient outdoor storage. The property's address is 740 Water Street, Watertown, NY 13601, within Jefferson County. The asking price for this prime commercial real estate is $650,000. This combined office and warehouse space presents a rare opportunity to acquire a substantial and versatile property in a desirable location. The property's size, features, and location make it an ideal choice for a variety of businesses seeking a functional and strategically located space.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1960
    Total area 53,222 SF
    Lot 2.7 ac (117,612 SF)
    Zoning code INDUST
    APN 221800 4-23-101.001
    UPID US63-2442200
    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
    Current use
    Occupant on record · Public records
    • Jain Irrigation Inc. Agricultural Supply
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $785k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $658k
    Blend (final) Blend
    $720k
    Owner & transaction history
    Jain Irrigation INC · 10 yrs held
    Jain Irrigation INC
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    INDUST · Watertown, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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