20255 NY State Route 3 - Storefront Retail/Office FOR SALE


Watertown, NY 13601
$799,000 USD
315-775-8575
20255 NY State Route 3, Watertown, NY for Sale
$799,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | Request Cap Rate

20255 NY State Route 3
Watertown, NY 13601


HIGHLIGHTS

  • Heavy traffic.
  • Located on State Rte 3 (Arsenal Street).
  • One and a half miles from the city limits.
  • Lake Ontario and Salmon fishing 8 miles away.
  • Near major retailers such as Walmart, Red Lobster, Sam's Club and Home Depot.
  • Two major malls in the area: Salmon Run Mall and Towne Center.

OVERVIEW

This building is constructed of steel and concrete, and will last for many years. It fronts on the busiest street in Jefferson County and in the city of Watertown, New York, 13601. The daily traffic count is greater than 30,000 vehicles. Some major companies that also front on this street that are within one mile or so from this building are Walmart, Sams Club, Lowes, Red Lobster, Texas Roadhouse, Kohls, many, many more, plus two shopping malls. There are two signposts which hold three double-sided and lighted 20 square foot signs. This 1.25 acres site has been approved to add a third 2000 square foot unit to the existing building. There is enough available land area to add more buildings to this 1.25 acre lot. Another 16.2 acres site is available next to this 1.25 acres site for $299,000.00. To build a commercial structure will currently cost $300 to $350 per square foot, which places the cost to build a 4,000 square foot commercial building like this building with minimal construction materials at $1.2 million to $1.4 million. That cost will not include a parking lot, overhead security lighting, or signage.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

ARSENAL STREET ACRES

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

COMMERCIAL

APN/PARCEL ID

225800-082-011-0001-033-100

ASK ABOUT THIS PROPERTY

John BellangerBellanger John MMore Info
315-775-8575

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John BellangerBellanger John MMore Info
315-775-8575

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.