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Congress Plaza 92 Congress St 10,000 SF Office Building Saratoga Springs, NY 12866 $3,300,000 ($330/SF)
Executive Summary
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.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
A
Year Built
2002
Price
$3,300,000
Price Per SF
$330
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.53
Lot Size
0.43 AC
Zoning
T-6: Urban Transect 6 - To accommodate highest intensity and diversity of retail, business and upper floor residential uses.
Parking
12 Spaces (1.2 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $806,250 (2025) | |
| Land Assessment | $401,538 (2025) | Annual Taxes | ($10,000) (($1.00)/SF) |
| Improvements Assessment | $404,712 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$401,538 (2025)
Improvements Assessment
$404,712 (2025)
Total Assessment
$806,250 (2025)
Annual Taxes
($10,000) (($1.00)/SF)
Tax Year
2026
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Contact the Sale Advisor
Congress Plaza | 92 Congress St