Net Investment | Multiple Tenants

Watertown is a city in, and the county seat of, Jefferson County, New York, United States. It is approximately 25 miles (40 km) south of the Thousand Islands, along the Black River, about 5 miles (8 km) east of where it flows into Lake Ontario. The city is bordered by the town of Watertown to the south, east, and west, and is served by the Watertown International Airport and the Watertown Daily Times. Watertown is located 13 miles (21 kilometers) southwest of the U.S. Army base at Fort Drum; it is the service and shopping destination for personnel there and their families. As of the 2020 United States Census, the city has 24,685 residents, making it the largest city in the North Country. The Subject property is located right behind Home Depot off of Coffeen St with visibility from NY Route 81.Discover an exceptional net investment opportunity with this impressive 72,315 SF Mixed-Use, Multi-Tenant building. Built in 1970, this well-maintained property offers a strategic location in the heart of Watertown, NY, zoned PD-02. Boasting ample space for various office, retail, industrial, and warehousing configurations, this building houses 18 long term tenants along with multiple temporary space rentals. The property's prime positioning provides convenient accessibility to major transportation routes, fostering connectivity for businesses and clients alike. With its significant size and established infrastructure, this building is poised to captivate the discerning investor seeking a lucrative addition to their portfolio.