ARSENAL STREET ACRES | 20255 NY State Route 3
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
ARSENAL STREET ACRES 20255 NY State Route 3
4,000 SF 100% Leased Retail Building Watertown, NY 13601 $799,000 ($200/SF)
Investment Highlights
- Heavy traffic.
- One and a half miles from the city limits.
- Near major retailers such as Walmart, Red Lobster, Sam's Club and Home Depot.
- Located on State Rte 3 (Arsenal Street).
- Lake Ontario and Salmon fishing 8 miles away.
- Two major malls in the area: Salmon Run Mall and Towne Center.
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
2006
Price
$799,000
Price Per SF
$200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.25 AC
Zoning
COMMERCIAL - Commercial
Parking
23 Spaces (5.99 Spaces per 1,000 SF Leased)
Frontage
199 FT on STATE RTE 3 (ARSENAL ST)
Amenities
- Pylon Sign
- Security System
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 225800-082-011-0001-033-100 | Improvements Assessment | $202,400 |
Land Assessment | $74,600 | Total Assessment | $277,000 |
PROPERTY TAXES
Parcel Number
225800-082-011-0001-033-100
Land Assessment
$74,600
Improvements Assessment
$202,400
Total Assessment
$277,000
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Bellanger John M
ARSENAL STREET ACRES | 20255 NY State Route 3
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.