108/114 Congress Street, Saratoga Springs, NY 12866

$1,750,000
3
BA

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List Price
$1,750,000
Status
ACTIVE
Days on Market
8
MLS#
202625606
Subtype
Commercial Sale
Year Built
2005
Bathrooms
3
Lot Size
12,632
Acres
0.30

Property Description

A high-visibility corner just off Broadway -- and a building already doing the work. This 0.30-acre commercial parcel in the heart of Saratoga Springs includes a 4,228 sq ft mixed-use building currently home to one of the city's most successful food and beverage establishments. The second floor is available for lease as office or residential space, adding immediate additional income potential to an already performing asset. The development story here is equally compelling. Zoned mixed-use with a 50-foot height allowance, the potential for residential, commercial, or a combination of both -- the zoning supports the vision. Walking distance to Broadway, anchored by an operating tenant, and carrying the kind of visibility and foot traffic that downtown Saratoga commands. A redevelopment concept is available -- see attached.

Additional Information

Interior Features
Ceramic Tile Bath
Taxes
$6,704
Zoning
Mixed
Flooring
Ceramic Tile, Hardwood
Heating
Zoned, Forced Air
Air Conditioning
Central Air
Exterior Construction
Fiber Cement
Roof
Asphalt
Parking Features
Off Street, Paved, Private
School District
Saratoga Springs
High School
Saratoga Springs

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Scott P Varley with KW Platform Brokerage, 518-281-6808.

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