Log In/Sign Up
Your email has been sent.
108-114 Congress St 4,228 SF 100% Leased Retail Building Saratoga Springs, NY 12866 $2,000,000 ($473.04/SF)
Executive Summary
Located in the heart of Saratoga Springs' vibrant Urban Core (UC) District - T-6, this property offers unmatched potential in one of the city's most desirable zones. The UC District allows for the highest intensity and diversity of uses, including mixed-use, residential, and commercial developments--all while promoting walkability and timeless downtown design. With up to 80,000± SF of potential new construction if the existing building is removed, or approximately 45,000± SF if you build around the current structure, the possibilities are endless. Envision luxury apartments, modern condos, boutique retail, or Class-A office space--all steps from Broadway, Congress Park, and Saratoga's finest dining and entertainment. A rare chance to shape the next landmark in Saratoga's historic downtown! The price includes the 2nd level above the restaurant is available to lease out for either office space or residential. Business available for purchase separately or with the property. Development Opportunity (Maximum Building Height 70', up to 85' w/Height Bonuses)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,228 SF
Building Class
B
Year Built
2005
Price
$2,000,000
Price Per SF
$473.04
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.37 AC
Zoning
mixed - Located on a high-visibility corner just off Broadway, this offering includes two parcels: a 4,228 sq. ft. mixed-use building & a private parking lot
Parking
20 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
161’ on Congress
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 411501-165-066-0002-109-000-0000 | Improvements Assessment | $230,500 |
| Land Assessment | $97,800 | Total Assessment | $328,300 |
Property Taxes
Parcel Number
411501-165-066-0002-109-000-0000
Land Assessment
$97,800
Improvements Assessment
$230,500
Total Assessment
$328,300
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
108-114 Congress St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.