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.