307 Water Street , Out Of Area, NY 13664

  • $950,000
  • $1,049,000
Active
307 Water Street , Out Of Area, NY 13664
  • $950,000
  • $1,049,000

Overview

Property ID: 806924
  • Land
  • Property Type

Description

This fully permitted 1.95-acre site, located on the scenic banks of the St. Lawrence River in Morristown, NY offers a unique opportunity for development. With all necessary environmental studies completed and up to date, this property is ready for immediate construction. Comprehensive permits, including rock boring and seawall studies, have been finalized, ensuring a smooth development process.

The site has been approved for a mixed-use commercial development, including a hotel by Ascend Hotels (Choice Hotels), as well as a restaurant and retail space. The proposed building, designed to encompass 64,000 square feet, will cater to both hospitality and retail needs, offering great potential for business growth in a prime location.

With over 415,000 visitors spending an average of 1.8 nights annually in St. Lawrence County, this high-traffic location promises a steady flow of potential customers. Zoned for commercial waterfront development, other development options are available.

Details

Updated on March 23, 2025 at 7:04 am
  • Property ID: 806924
  • Price: $950,000
  • Land Area: 1.95 Acres
  • Garage Size: x x
  • Property Type: Land
  • Property Status: Active

Mortgage Calculator

$6,139.92
Monthly
  • Down Payment $190,000.00
  • Loan Amount $760,000.00
  • Monthly Mortgage Payment $4,556.58
  • Property Tax $1,583.33
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Jerry Wang
  • Jerry Wang