92 CONGRESS Street
Saratoga Springs, NY 12866
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.
Gallery
details
- Area (SqFt)
- 10111
- County
- Saratoga
- Price
- $3,300,000
- Buyer Brokerage Compensation:
- 2%
- MLS #
- 202620820
- Accessibility:
- Other
- Acres:
- 0.44
- Construction:
- Brick, Wood Siding
- Cooling:
- Central Air
- Heating:
- Forced Air
- Lot Description:
- Level, Landscaped
- Lot Size:
- 120x161
- Lot Size Area:
- 0.44
- Lot Size Area Units:
- Acres
- Roof:
- Metal
- Stories:
- 2
- Style:
- Office
- Sub Type:
- OfficeSpace
- Water:
- Public
- Sewer:
- Public
- Type:
- CRE
- Sub Type Text:
- Office
- Zoned :
- Commercial
- Building Use:
- Office/Retail; Retail; Multi-Family
- Tenant Pays:
- Electricity; Gas; Internet
- Sale Includes:
- Building & Land
- Parking Features:
- Parking Total: 16; Off Street; Paved; Private
- Estimated Taxes:
- $13,408.00
- Year Built:
- 2002
Property Documents
Property Location
Property agent
Amy Farchione Sgromo is an expert when it comes to providing her clients with impeccable service and bringing desired outcomes to fruition for almost 20 years. With years of working in the service industry under her belt, Amy’s experience is not only in real estate but in the hospitality industry and local government as well.
Amy’s career in real estate began as a Licensed Commercial and Residential Realtor for the Greater Syracuse Association of Realtors. In her role as a multi-million-dollar producer, Amy extensively researched sites for the development of commercial property locations and built strong business relationships across multiple industries. By maintaining these strong connections, Amy was able to obtain repeat businesses both in residential and commercial real estate.