40 Excelsior Ave, Saratoga Springs, NY 12866

8,299 SF | Retail Building | Saratoga Springs, NY 12866 | $3,595,000 ($433/SF)

For Sale

Active

9 pictures

Date Added:: September 16, 2024
Days on Market:: 6 days

Asking Price $3,595,000

Property Type: Retail
Square Feet: 8,299 SF
Price / Square Foot: $433

Listing Contacts

Colleen Guarino

Verified Profile

Property Info

Property Overview

Prime 1.23 acre corner lot with over 500 ' of frontage offers high visibility in a commercial/residential T-5 transition zone. This would be perfect for a multi-story commercial condo apartment building. Offers close proximity to Northway and The Racetrack, while just a stroll to Broadway. The newly developed Saratoga Greenbelt Trail is expected to bring a large increase in pedestrian traffic. Can be subdivided. Owner will considerfinancing for a qualified buyer with $1 million down at an attractive rate at half the going commercial rate for up to 5 years. Terms negotiable.

Property Details

Class: C
Year Built: 1974
Stories: 1
Property Subtype: Storefront Retail/Residential
Lot Size (sq. ft): 53,579 SF

Highlights

1.Located on the east side of town. 2. Within walking distance to town. 3. Corner lot with over 500' of frontage. 4. Versatile T-5 zoning.
Seller is offering a 2% co-broke fee.

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