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230 Factory St 68,035 SF Industrial Building Watertown, NY 13601 $1,200,000 ($17.64/SF)
Executive Summary
BellCornerstone is pleased to present 230 Factory Street, a landmark redevelopment opportunity in downtown Watertown, New York. The property includes approximately 68,035 SF across 1.28 acres and is priced well below replacement cost.
The historic multi-story building features exposed brick, large windows, high ceilings, heavy timber construction, expansive floorplates, multiple loading docks, and surface parking. Its flexible layout and downtown zoning support a broad range of uses, including office, residential lofts, hospitality, entertainment, self-storage, education, mixed-use redevelopment, or continued commercial occupancy.
Located near restaurants, retail, government offices, and community amenities, the property benefits from Watertown’s ongoing downtown revitalization. The city serves as Northern New York’s economic center, supported by Fort Drum, healthcare, manufacturing, logistics, education, and Canadian cross-border commerce.
Convenient access to Interstate 81, Watertown International Airport, and Syracuse Hancock International Airport further enhances the property’s appeal. With its scale, historic character, strategic location, and attractive pricing, 230 Factory Street offers substantial value-add and adaptive reuse potential.
The historic multi-story building features exposed brick, large windows, high ceilings, heavy timber construction, expansive floorplates, multiple loading docks, and surface parking. Its flexible layout and downtown zoning support a broad range of uses, including office, residential lofts, hospitality, entertainment, self-storage, education, mixed-use redevelopment, or continued commercial occupancy.
Located near restaurants, retail, government offices, and community amenities, the property benefits from Watertown’s ongoing downtown revitalization. The city serves as Northern New York’s economic center, supported by Fort Drum, healthcare, manufacturing, logistics, education, and Canadian cross-border commerce.
Convenient access to Interstate 81, Watertown International Airport, and Syracuse Hancock International Airport further enhances the property’s appeal. With its scale, historic character, strategic location, and attractive pricing, 230 Factory Street offers substantial value-add and adaptive reuse potential.
Property Facts
| Price | $1,200,000 | Rentable Building Area | 68,035 SF |
| Price Per SF | $17.64 | No. Stories | 3 |
| Sale Type | Investment or Owner User | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.73/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 1.28 AC | Opportunity Zone |
Yes
|
| Zoning | LI | ||
| Price | $1,200,000 |
| Price Per SF | $17.64 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.28 AC |
| Rentable Building Area | 68,035 SF |
| No. Stories | 3 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 0.73/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| Opportunity Zone |
Yes |
| Zoning | LI |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $427,200 | |
| Land Assessment | $53,200 | Total Assessment | $480,400 |
Property Taxes
Parcel Numbers
Land Assessment
$53,200
Improvements Assessment
$427,200
Total Assessment
$480,400
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230 Factory St
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