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    44 Lake Ave Saratoga Springs, NY 12866

    For Sale
    $499,000

    COMMERCIAL - Saratoga Springs, NY

    Property size:
    6,861 SF
    Lot size:
    0.36 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 44 Lake Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    411501 165.60-2-67.1
    Parking
    13
    Parking features
    On Street, Off 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 Oct 31, 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 core of downtown Saratoga Springs. The property is located at Lake Avenue and Henry Street, approximately three blocks from Broadway. The space measures 2,800 square feet and offers visibility and foot traffic. The sale includes all equipment, furnishings, and proprietary recipes. The restaurant has seating for 70+ patrons, a fully equipped kitchen, and 13 dedicated parking spaces. The property has a stable NNN lease and low annual taxes. Growth potential exists through catering, events, or menu expansion. The lot size is 0.36 acres and the property size is 6,861 square feet. The zoning is commercial.
    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
    -73.78202
    Latitude
    43.082377

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant for sale in downtown Saratoga Springs.
    Where is this restaurant located?
    The property is located at 44 Lake Ave Saratoga Springs, NY.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Turnkey restaurant with all equipment, furnishings, and recipes included.; - Prime downtown Saratoga Springs location with high visibility and strong foot traffic.; - Includes 13 dedicated parking spaces, a rare and valuable amenity.
    (518) 573-1112
    Request Owner's contact information
    44 Lake Ave 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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