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92 Congress Street

Saratoga Springs, NY 12866

Active

$3,300,000

Listing by:
Amy Farchione-Sgromo
Julie & Co Realty LLC
315-863-2777

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.

$3,300,000
0.0
Bedroom
0
Bathroom
10,111
Sq. Ft.
$ 326
$/Sq. Ft.
0.44
Acres
Year Built:
2002
County:
Saratoga
Acres:
0.44
Listing Agent:
Amy Farchione-Sgromo
Listing Office:
Julie & Co Realty LLC
CONTACT A
BUYER'S AGENT

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Features

Available Square Feet: 10,111
Town: Saratoga Springs
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $16,648
Water: Public
Sewer: Public Sewer
Heat: Forced Air
Garage: 0
Property Style: Office
Exterior: Brick, Wood Siding
Cooling: Central Air
Parking Spaces: 16
Zoning: Commercial

Location



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