34
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$3,300,000
Est. payment /mo
Active
92 Congress ST Call Listing Agent, NY 12866
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1058120
Rental Info No
Annual Tax Amount $16,648
Property Sub-Type Business
Source onekey2
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 Out Of Area
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, Private
Utilities Available Cable Available
Total Parking Spaces 16
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
Schools
Elementary Schools Div Street Elementary School
Middle Schools Maple Avenue Middle School
High Schools Saratoga Springs
School District Saratoga Springs
Others
Special Listing Condition None
Listed by Julie & Co. Realty LLC • Julie A. Bonacio
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