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    516 Broadway Saratoga Springs, NY 12866

    New
    For Lease
    $32 SF/Yr

    COMMERCIAL - Other - Saratoga Springs, NY

    Property size:
    53,327 SF
    Lot size:
    0.48 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 516 Broadway

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    165.52-4-1
    Parking
    1
    Parking features
    Assigned
    Exterior features
    Lighting
    Basement
    Interior Entry
    Size
    53,327 SF
    Lot size
    0.48 Acres

    Utilities

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

    Building Details

    Year built
    1955
    Floors in Building
    5
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

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

    Listing agent Meghan O'Connor (315) 378-7710 License #10301218484

    Listing date Dec 9, 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

    Prime Corner Retail Space Available

    This corner unit retail space is located in the Algonquin Building on Broadway in Saratoga Springs. The space offers approximately 2,400 square feet of clean, wide-open space, providing a flexible canvas for a variety of uses. The lease rate is $32 per square foot, modified gross. The lease includes access to additional basement space at no extra cost, which is not included in the square footage. One reserved parking space is included. Public parking is available immediately to the right of the building, with a parking garage directly behind, ensuring convenient access for both customers and staff. The property is zoned commercial and sits on a lot of 0.48 acres.
    Location Intelligence

    Current Use by Public Records

    BCA Architects & Engineers Architecture Firm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.783714
    Latitude
    43.084291

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    FAQs

    What type of property is this?
    Retail space - Corner retail space in a prime Saratoga Springs location.
    Where is this retail space located?
    The property is located at 516 Broadway Saratoga Springs, NY.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner unit location on Broadway in downtown Saratoga Springs offering high visibility and foot traffic.; - Approximately 2,400 SF of clean, wide-open retail space providing a flexible layout for various business types.; - Modified gross lease at $32/SF.
    (315) 378-7710
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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
    516 Broadway Saratoga Springs, NY 12866
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