16-20 Caroline St - Restaurant FOR SALE


Saratoga Springs, NY 12866- Downtown Saratoga Springs
$4,000,000 USD
518-290-0298
16-20 Caroline St, Saratoga Springs, NY for Sale
$4,000,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

16-20 Caroline St
Saratoga Springs, NY 12866
Downtown Saratoga Springs


OVERVIEW

Blockbuster listing alert--what a way to kick off the 2024 summer season in Saratoga Springs! Gaffney's--one of the city's defining & popular businesses--is being offered for sale. This renowned restaurant/bar/entertainment space occupies one of the most desirable corners in all of downtown Saratoga. With an address at 16 Caroline St w/ frontage also on Putnam St. just steps to Broadway, this mixed use property offers a huge .26-acre parcel at the epicenter of one of America's most loved & trafficked small cities. The building offers over 15,554 sqft of space over 4 stories & 10 rental apartment! Exterior space inc. porch & patio that extend this super-popular hotspot. Unfinished basement add over 3K sqft, too. Development potential to add even more value to this A+ downtown corner.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,840 SF

ZONING

C1

APN/PARCEL ID

411501-165-060-0001-064-000-0000

ASK ABOUT THIS PROPERTY

Scott VarleyKeller Williams Capital DistrictMore Info
518-290-0298

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Scott VarleyKeller Williams Capital DistrictMore Info
518-290-0298

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