Saratoga Springs, NY 12866 · Saratoga County

This fully leased 10,111-square-foot office building sits on 0.44 acres in downtown Saratoga Springs with sixteen paved parking spaces. Built in 2002 and zoned T6, the property generates current income from established tenants on the ground floor while the second floor is owner-occupied and available for leaseback, offering new ownership flexibility and steady revenue. The location in Saratoga Springs' vibrant downtown core provides access to the town's renowned horse racing heritage, mineral springs, dining, and cultural events, while the zoning permits consideration of future multifamily redevelopment to capitalize on long-term market potential.
Discover an exceptional investment opportunity with this fully leased 10,000 square foot building on 0.44 acres with and Private parking lot with 16 parking spaces. The property is strategically located in the vibrant heart of Downtown Saratoga Springs. This property not only promises steady income through its current long-term tenants but also offers significant potential for future development and expansion with T6 zoning, allowing for diverse uses including multifamily redevelopment above the ground floor. The 2nd floor encompasses a 5,000/SF currently occupied by the owner, who is open to a leaseback agreement. This provides the new owner with flexibility and immediate rental income. The first floor is leased to Fat Paulie's Deli and Make a Wish both tenants have long-term leases. This property represents a unique blend of immediate income and long-term growth potential. It is an ideal acquisition for investors looking to capitalize on the thriving Saratoga Springs market, with the flexibility to adapt to evolving demand and usage trends. Whether you're interested in maintaining the current leasing structure, owner/occupant or exploring redevelopment possibilities, this building offers unparalleled opportunities for growth and profitability.
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Saratoga Springs is in Saratoga County, NY. There are currently 193 active listings here, ranging from $14,000 to $6,700,000. Priced 237% above the Saratoga Springs median of $979,700.
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Julie & Co Realty LLC · Listed by Amy Farchione-Sgromo (32112)
Contact: 315-863-2777
MLS #202620820 · Source: Global MLS, Inc.
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Every change captured by Global MLS since this listing went live.
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