Prime Corner Lot Saratoga Springs

40 Excelsior Avenue Saratoga Springs, NY 12866

Claim this Listing
For Sale
$3,595,000

COMMERCIAL - Other - Saratoga Springs, NY

Property size:
8,299 SF
Lot size:
1.20 Acres
Price / SF:
$433/SF
Added:
Apr 5, 2026
Days on Market:
99
Last Refresh:
Jul 12 at 10:06 pm

Property Features for 40 Excelsior Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
4
Rooms
Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4
Parking
40
Parking features
Off Street
Standard status
Active
APN
411501 166.29-3-1.1
Size
8,299 SF
Lot size
1.20 Acres

Taxes and HOA fees

Tax Annual Amount
22000

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1974
Flooring type
Concrete, Tile
Building materials
Block, Vinyl Siding
Roof type
Rubber, Asphalt
Architectural style
Other

Listing agent Colleen Guarino License #40GU0798369

Listing office Howard Hanna Capital Inc 505 Broadway, Clifton Park, NY

Listing date Apr 5, 2026

MLS# 202614511

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 1.23-acre corner lot offers high visibility with over 500 feet of frontage in a commercial/residential T-5 transition zone. The property is suitable for a multi-story commercial condo apartment building. It is located in close proximity to the Northway and The Racetrack, and is within walking distance of Broadway. The Saratoga Greenbelt Trail is expected to bring increased pedestrian traffic to the area. The lot can be subdivided. The seller is offering financing at half the commercial rate for up to 5 years with $1 million down and negotiated terms to a qualified buyer.

Key Highlights

  • 1.23‑acre corner lot with over 500 ft of frontage
  • Zoned in a commercial/residential T‑5 transition zone
  • Property can be subdivided

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bardino Motors Car Dealership Saranade's Gift Shop Clothing & Fashion Store

Suggested Use

Auto Parts Store Grocery & Convenience Store Auto Repair Shop Electrical Service Garden Center (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Butcher Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - 1.23 acre corner lot in Saratoga Springs, NY.
Where is this commercial land located?
The property is located at 40 Excelsior Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: 1.23‑acre corner lot with over 500 ft of frontage; Zoned in a commercial/residential T‑5 transition zone; Property can be subdivided
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More about this property
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