545 Arsenal Street Watertown City, NY $ 349,900
545 Arsenal Street
$ 349,900
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545 Arsenal Street

Watertown City, NY, 13601
$ 349,900
Bedrooms-- Baths-- Sq 5,383

Monthly Estimate*

$ 2,154

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Commercial Property for sale in Watertown City, NY for $349,900. This 5,383 square foot building was built in 1914 on a lot size of 0.4591.

The expanding owners have outgrown this location, creating an excellent opportunity to acquire a turn-key restaurant, bar, nightclub, office space, retail location, or many other business uses on one of Watertown’s most traveled corridors, bustling Arsenal Street. With over 20,000 vehicles passing by daily, this high-visibility property benefits from strong traffic exposure and an established customer base, making it ideal for both new and experienced operators. Conveniently located near hotels, major shopping, Interstate 81, and historic downtown Watertown. The space features a stunning bar and casual dining layout within a beautiful limestone building. The property was completely gutted in 2018, followed by additional upgrades in 2020. Improvements include custom flooring, updated wiring, upgraded electrical panel, new forced air furnace, central air conditioning, and new exterior sign panels. The fully equipped kitchen includes an ANSUL fire suppression system and is ready for immediate operation. Additional features include parking for 45+ vehicles, a fenced rear lot, and a partially enclosed patio ideal for additional dining or expanded business use. The property also offers a partial basement and second-floor space with bathroom, storage, office area, and bonus space suitable for additional business use or expansion opportunities. This is a rare opportunity to acquire a versatile, well-maintained commercial property with strong visibility, high daily traffic counts, and flexible potential for restaurant, office, retail, or other business ventures in a highly desirable location.

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Commercial Active

Price

$ 349,900

Property Type

Commercial

Taxes

$ 5,465

Style

Business

Lot Size

0.4591

Year Built

1914

Town/City

Watertown City

County/Region

JEFFERSON

MLS | Web ID

S1672448

Features
General
Sewer PublicSewer
Heating Gas ForcedAir WallFurnace
Cooling CentralAir
Utilities ElectricityAvailable ElectricityConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Pitched
Zoning UMU
Construction Materials Block Masonry Stone
School District Watertown
Year Built 1914
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Business
Business Type BarTavernLounge
County Jefferson
Property Type CommercialSale
Possible Use Office Restaurant Retail
Status Active
City Watertown City
High School District Watertown
Zoning Description Other - See Remarks
Number Of Units Total 0
MLS Area Watertown-City-221800
Lot Size Units Acres
Lot Size Square Feet 20000.0
Year Built Details Existing
Tax Annual Amount 5465.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1672448
Standard Status Active
Middle/Junior School District Watertown
Elementary School District Watertown
Tax Assessed Value 196800
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 124
Property Sub Type Additional Business Office Retail Commercial
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Interior
Basement Partial
Flooring Carpet Concrete Linoleum Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite
Lot Features IrregularLot
Water Source Public
Total Parking 45.0
Inclusions Equipment Land and Building
Lot Size Area 0.4591
Number of Buildings 1
Building Area Total 5383.0
Lot Dimensions 100X200
Lot Size Acres 0.4591
Waterfront Y/N No
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Internal Only
Street Number 1 545
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* Excluded Features
List By
North Star Real Estate & Property Management

Broker

(315) 794-5656

Phone

Affordability Calculator

$2,610
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,154
Monthly Property Taxes
$455
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
247479 Elementary School
248093 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$349,900 Listed Price

Map


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545 Arsenal Street, Watertown City, NY, 13601 is a Commercial Property for sale at $349,900 with 5,383 sqft and a lot size of 0.4591. 545 Arsenal Street was built in 1914. The property's zip code is 13601 which is in Watertown City, NY