108-114 Congress St - Restaurant FOR SALE


Saratoga Springs, NY 12866- Downtown Saratoga Springs
$2,600,000 USD
518-888-4360
108-114 Congress St, Saratoga Springs, NY for Sale
$2,600,000 USD
Restaurant - FOR SALE
1/36
null | Request Cap Rate

108-114 Congress St
Saratoga Springs, NY 12866
Downtown Saratoga Springs


OVERVIEW

Located on a high-visibility corner just off Broadway, this offering includes two parcels: a 4,228 sq. ft. mixed-use building plus a private parking lot with 18 spaces, all on .37 acres within walking distance to Broadway. With zoning for mixed use and a 50-foot height allowance, there's potential to add another 4,500+ sq. ft. with a new addition—ideal for residential, commercial, or a combination of both. The existing two-story building currently houses one of Saratoga Springs' most successful food and beverage establishments, with the second floor available for lease as office or residential space. This rare downtown investment can be purchased in multiple ways: $2,000,000 for the real estate $600,000 for the business alone $2,600,000 for both together. Two parcels - for sale 165.66-2-109 (0.30 acre) + 165.66-2-29.1 (.07 acre) pre-qual/proof of funds required for showings and NDA is required to show numbers. Limited showing's (operating business)

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$615 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Broadway

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

mixed

APN/PARCEL ID

411501-165-066-0002-109-000-0000

ASK ABOUT THIS PROPERTY

Chelsea BarracoKeller Williams Capital DistrictMore Info
518-888-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chelsea BarracoKeller Williams Capital DistrictMore Info
518-888-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.