92 Congress Street, Saratoga Springs, NY 12866
92 Congress Street, Saratoga Springs, NY 12866
92 Congress Street, Saratoga Springs, NY 12866
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Listed by Amy Farchione-Sgromo • Julie & Co Realty LLC
$3,300,000
Est. payment /mo
5 Baths
10,111 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 10,111 sqft

Price per Sqft $326

MLS Listing ID 202620820

Year Built 2002

Annual Tax Amount $16,648

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 120x161

Property Sub-Type Office

Source Global MLS

Property Description

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.

Location

State NY

County Saratoga

Zoning Commercial

Direction Broadway Downtown Saratoga Springs to Congress St.

Interior

Heating Forced Air

Inclusions Building & Land

Exterior

Parking Features Off Street, Paved, Private

Roof Type Metal

Building

Lot Description Level, Landscaped

Sewer Public Sewer

Water Public

Architectural Style Office

New Construction No

Others

Tax ID 411501 165.66-2-90

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Erin Steinbach

Erin Steinbach

+1(518) 222-6031

Lic. Associate R. E. Broker | License ID: 10301217507

Lic. Associate R. E. Broker License ID: 10301217507

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