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    44 Lake Ave Saratoga Springs, NY 12866

    For Lease
    $5,172 /Mo ($9 SF/Yr)

    COMMERCIAL - Saratoga Springs, NY

    Property size:
    6,861 SF
    Lot size:
    0.36 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 44 Lake Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    411501 165.60-2-67.1
    Parking
    13
    Parking features
    Off Street, On Street
    Size
    6,861 SF
    Lot size
    0.36 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1961
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Rubber

    KW Platform (518) 724-5800 [email protected]

    Listing agent Elizabeth Page (518) 573-1112 License #10401333541

    Listing date Nov 6, 2025

    Copyright © 2025 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.

    Overview

    Turnkey Restaurant in Saratoga Springs

    This is a rare opportunity to acquire a profitable, turnkey restaurant in the vibrant core of downtown Saratoga Springs. The property is ideally situated at Lake Avenue and Henry Street, approximately three blocks from Broadway. The space offers prime visibility, strong foot traffic, and a loyal customer base. The property is approximately 2,800 square feet and includes all equipment, furnishings, and proprietary recipes for immediate operation. The restaurant has seating for 70+ patrons and features a fully equipped kitchen. There are 13 dedicated parking spaces. The property is zoned commercial and is suitable for restaurants, retail properties, and turnkey restaurant businesses. The lot size is 0.36 acres and the property size is 6,861 square feet. The property has a stable NNN lease, low annual taxes, and growth potential through catering, events, or menu expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scallions American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Catering Co at the Palladium, Sara's Kitchen, Little Lucy’s Mobile Bar

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.782
    Latitude
    43.08237

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant for rent in downtown Saratoga Springs, NY.
    Where is this restaurant located?
    The property is located at 44 Lake Ave Saratoga Springs, NY.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey restaurant in downtown Saratoga Springs with all equipment, furnishings, and recipes included.; - Prime location at Lake Avenue and Henry Street, near Broadway, with high visibility and foot traffic.; - Includes 13 dedicated parking spaces.
    (518) 573-1112
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    44 Lake Ave Saratoga Springs, NY 12866
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    Saratoga Springs, NY 12866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44 Lake Ave Saratoga Springs, NY 12866
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