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417 Broadway 4,352 SF 100% Leased Retail Building Saratoga Springs, NY 12866 $3,700,000 ($850.18/SF)
INVESTMENT HIGHLIGHTS
- 2 Floor Restaurant
- 2 Working Fireplaces
EXECUTIVE SUMMARY
Historic 417 Broadway, a unique investment opportunity located in the heart of Downtown Saratoga Springs, known for its vibrant community & year-round attractions.This versatile property is perfect for an owner-occupied restaurant w/ additional income from apts or for an investor seeking to expand their portfolio in a vibrant & historic area.The restaurant occupies the 1st & lower floors. Features 2 working fireplaces, creating a cozy & inviting atmosphere. All furniture, fixtures, & equipment for the restaurant are included in the purchase price, ensuring a seamless transition for new owners. There are 3 apts located on the 2nd & 3rd and floors. Whether you're looking to operate a restaurant, enjoy income from rental properties, or simply invest in dynamic area this property is for you. There are 3 right of ways, no one can build next door without permission
Sale includes Building only with all restaurant FFE. Excluded Items Cigar Humidor,Baby Grand Piano, Cigar Locker, Selected Artwork, Liquor, Beer, Wine and Wine Bar Name
Sale includes Building only with all restaurant FFE. Excluded Items Cigar Humidor,Baby Grand Piano, Cigar Locker, Selected Artwork, Liquor, Beer, Wine and Wine Bar Name
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,352 SF
Building Class
B
Year Built
1825
Price
$3,700,000
Price Per SF
$850.18
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.66
Lot Size
0.06 AC
Zoning
T-6: Urban Transect 6 - To accommodate highest intensity and diversity of retail, business and upper floor residential uses.
Frontage
38’ on Broadway
AMENITIES
- Restaurant
- Security System
- Air Conditioning
Walk Score®
Walker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 411501-165-059-0001-037-000-0000 | Improvements Assessment | $594,800 |
| Land Assessment | $105,800 | Total Assessment | $700,600 |
PROPERTY TAXES
Parcel Number
411501-165-059-0001-037-000-0000
Land Assessment
$105,800
Improvements Assessment
$594,800
Total Assessment
$700,600
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417 Broadway
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