92 Congress Street,Call Listing Agent, NY 12866
Call Listing Agent, NY 12866
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.
Details
| MLS # | 1058120 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 32 |
| Listing Provided By | Julie & Co. Realty LLC | Julie A. Bonacio |
Features
| SQ Feet | 10,111 |
|---|
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
Exterior
| Construction Materials | Brick, Wood Siding |
|---|
Parking
| Parking Features | Off Street, Private |
|---|
Utilities
| Utilities | Cable Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 16648 |
Area Information
| State | NY |
|---|---|
| County | Out of Area |
| City | Call Listing Agent |
| Zip Code | 12866 |
| School District | Saratoga Springs High School |
| Elementary School | Div Street Elementary School |
| High School | Saratoga Springs High School |
| Listing VS Median (in 12866) | |
Price: $3,300,000 low | high Med: $1,622,500 sqft: 10,111 low | high Med: 2,022 $ / sqft: $326 low | high Med: $926 On site: 32 low | high Med: 27 | |
Market Activity 12866
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Learn More About This Property
| State | NY |
|---|---|
| County | Out of Area |
| City | Call Listing Agent |
| Zip Code | 12866 |
| School District | Saratoga Springs High School |
| Elementary School | Div Street Elementary School |
| High School | Saratoga Springs High School |
| Listing VS Median (in 12866) | |
Price: $3,300,000 low | high Med: $1,622,500 sqft: 10,111 low | high Med: 2,022 $ / sqft: $326 low | high Med: $926 On site: 32 low | high Med: 27 | |