108-114 Congress St - Restaurant FOR SALE


Saratoga Springs, NY 12866- Downtown Saratoga Springs
$1,750,000 USD
518-281-6808
108-114 Congress St, Saratoga Springs, NY for Sale
$1,750,000 USD
Restaurant - FOR SALE
1/36
null | Request Cap Rate

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


OVERVIEW

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 --

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$414 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

10

LAND DETAILS

CROSS STREETS

Broadway

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

mixed

APN/PARCEL ID

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

ASK ABOUT THIS PROPERTY

Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

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Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

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