$ 3,300,000
-
$3,300,000
Price -
0
Bed -
5
Bath -
10,111
SqFt
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About the Listing o2624A - 32112
Discover an exceptional investment opportunity with this fully leased 10,000 square foot building on 0.44 acres with and Private parking lot with 16 parking spaces. The property is strategically located in the vibrant heart of Downtown Saratoga Springs. This property not only promises steady income through its current long-term tenants but also offers significant potential for future development and expansion with T6 zoning, allowing for diverse uses including multifamily redevelopment above the ground floor. The 2nd floor encompasses a 5,000/SF currently occupied by the owner, who is open to a leaseback agreement. This provides the new owner with flexibility and immediate rental income. The first floor is leased to Fat Paulie's Deli and Make a Wish both tenants have long-term leases. This property represents a unique blend of immediate income and long-term growth potential. It is an ideal acquisition for investors looking to capitalize on the thriving Saratoga Springs market, with the flexibility to adapt to evolving demand and usage trends. Whether you're interested in maintaining the current leasing structure, owner/occupant or exploring redevelopment possibilities, this building offers unparalleled opportunities for growth and profitability.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Landscaped
- Garage Capacity: N/A
- Parking Spaces: 16
- Lot Dimensions: 120x161
- Zoning: Commercial
- Roof: Metal
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Paved,Private
Financial Details
- Tax Amount: $16,648
- Taxes w/Assessments: N/A
- Tax/Property ID: 411501 165.66-2-90
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
92 Congress St Saratoga Springs, NY 12866
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