Sharon FronkRealtor® · Howard Hanna
LoadingActive
$3,595,000
40 Excelsior Avenue
Saratoga Springs, NY 12866 · Saratoga County
4Baths
8,299Sq Ft
1.20 acresLot Size
1974Year Built
$433Per Sq Ft
Est. P&I $18,178/moGet pre-qualified
Commercial 157 days on market
MLS# 202614511 Updated 5 months ago
Sharon’s Take
This is a mixed-use commercial parcel in Saratoga Springs, Saratoga County, in the Saratoga Springs school district, with an 8,299 square foot building on a 1.20 acre corner lot, built in 1974, listed at $3,595,000. The remarks describe over 500 feet of frontage in a T-5 transition zone, note that the seller is offering qualified financing, and reference proximity to the Northway, the Racetrack, Broadway, and the Saratoga Greenbelt Trail. The listing states the parcel can be subdivided.
Sharon Fronk · Howard Hanna Capital Region
About this property
SELLER IS OFFERING a qualified buyer FINANCING at HALF THE COMMERCIAL RATE up to 5 YEARS with 1 million down and negotiated terms. Prime 1.23 acre corner lot with over 500 ' of frontage offers high visibility in a commercial/residential T-5 transition zone. This would be perfect for a multi-story commercial condo apartment building. Offers close proximity to Northway and The Racetrack, while just a stroll to Broadway. The newly developed Saratoga Greenbelt Trail is expected to bring a large increase in pedestrian traffic. Can be subdivided.
Is it priced right?
The price signals we can read on this listing today. For a true sense of value against recent Saratoga Springs sales, Sharon will pull the comparable closings and walk you through them.
Price per sq ft
$433
Days on market
157
Year built
1974
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31 facts pulled straight from the MLS listing.
Overview
Property TypeCommercial
Sub-TypeMixed Use
Year Built1974
Days on Market157
StatusActive
MLS Number202614511
ListedApril 6, 2026
ZoningCommercial
Interior
Bathrooms4
Living Area8,299 sq ft
Heating
Forced AirNatural Gas
Flooring
TileConcrete
Basement
Slab
Exterior & Lot
Lot Size1.20 acres
Lot Features
Road FrontageLevelCorner Lot
Parking
Off StreetPavedAttached
Exterior Features
GarageOff StreetPavedAttached
Building & Construction
Architectural Style
Commercial
Construction
BlockVinyl Siding
Roof
RubberAsphalt
Sewer
Public Sewer
Water Source
Public
Financial
List Price$3,595,000
Price per Sq Ft$433
Special Conditions
Other
Est. Monthly P&I$18,178/mo
Location
CountySaratoga
School DistrictSaratoga Springs
Listing Details
Listed ByColleen Guarino of Howard Hanna Capital Inc
Data SourceSpark Platform / Global MLS
Last UpdatedApr 7, 2026
Estimated monthly payment
per mo$23,122
- Principal & Interest$18,178
- Property Tax$3,895
- Insurance$1,049
Loan Term
Tax estimated at the Saratoga County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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- Start40 Excelsior Avenue, Saratoga Springs, NY 12866
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Schools
The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Saratoga Springs
Assigned school district
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
About Saratoga Springs, NY
Saratoga Springs is in Saratoga County, NY. There are currently 195 active listings here, ranging from $14,000 to $6,700,000. Listings in this address fall under the Saratoga Springs school district. Priced 278% above the Saratoga Springs median of $950,000.
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Howard Hanna Capital Inc · Listed by Colleen Guarino (1620)
Contact: 518-248-7658
MLS #202614511 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
