Sharon FronkRealtor® · Howard Hanna
LoadingSaratoga Springs, NY 12866 · Saratoga County
This 2.34-acre offering in Saratoga Springs is positioned on Lake Ave/Route 29, described in the remarks as a high-visibility site at the gateway to the city and about six minutes from downtown and the Saratoga Race Course. The offering includes three deeded parcels, roughly 85 on-site parking spaces, and a grandfathered restaurant facility with furniture, fixtures, and equipment, plus a walk-in cooler and smoker. The listing frames it for hospitality, equestrian, recreation, or redevelopment uses, including potential subdivision into three building lots subject to approvals. It is in the Saratoga Springs school district.
Rare opportunity to own 2.34 acres of land in high-visibly prime location at the Gateway to Saratoga Springs. Located only 6 minutes from downtown Saratoga Springs and the world-renowned Saratoga Race Course, this unique property offers exceptional potential for investors, developers, hospitality operators, equestrian enthusiasts, and entrepreneurs seeking a prime location near the area's thriving tourism and racing scene. Positioned on highly traveled Lake Ave/Route 29, the property provides outstanding visibility, strong traffic counts, and remarkable flexibility. The offering includes three deeded parcels, approximately 85 on-site parking spaces, and a grandfathered restaurant facility with all furniture, fixtures, and equipment (FF&E) included. Existing improvements also feature a walk-in cooler and smoker, creating immediate operational opportunities while preserving future development potential. Create a destination venue, develop an event, recreation or entertainment concept, establish an equestrian-related business, expand hospitality offerings, or continue operating as a turnkey restaurant or explore redevelopment opportunities, including the potential for subdivision into three separate building lots (subject to approvals). This property offers significant upside and long-term value in one of the Capital Region's most desirable markets.
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Saratoga Springs is in Saratoga County, NY. There are currently 197 active listings here, ranging from $10,000 to $9,299,000. Listings in this address fall under the Saratoga Springs school district. Priced 55% below the Saratoga Springs median of $890,000.
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KW Platform · Listed by Elizabeth Page (32553)
Contact: 518-573-1112
MLS #202611035 · Source: Global MLS, Inc.
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Licensed Real Estate Salesperson · Howard Hanna
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Activity across 2 MLS listings of this property.
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