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108/114 Congress St Saratoga Springs, NY 12866

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For Sale
$1,999,999

Mixed-use building with development potential in downtown Saratoga Springs.

Property size:
4,228 SF
Lot size:
15,681.00 Acres

Property Features for 108/114 Congress St

General Information

Standard status
Active
Zoning
mixed
Size
4,228 SF
Lot size
15,681.00 Acres

Building Details

Year built
2005

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Listing Contact
Scott P Varley
Scott P Varley
Source: Crexi

Listing Agency: KW Platform Listing Agent: Scott P Varley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Prime Saratoga Springs Mixed-Use Property

This investment opportunity is located on the west side of downtown Saratoga Springs, moments from Broadway. The offering includes two contiguous parcels totaling 0.37 acres, featuring a 4,228 sq ft mixed-use building and a private parking lot with 18 spaces. The existing two-story building houses a long-standing tavern and restaurant, included in the purchase price. The second story offers a leasing opportunity for professional office space or residential apartments. The property's mixed-use zoning and 50-foot height allowance allow for the construction of an additional building of up to approximately 70,000 square feet. This expansive capacity presents a unique opportunity for new residential units, commercial space, or a combination thereof.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

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City
Saratoga Springs
County
Saratoga
State
New York
Longitude
-73.7911269
Latitude
43.0796065

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with development potential in downtown Saratoga Springs.
Where is this mixed-use property located?
The property is located at 108/114 Congress St Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: - Prime downtown Saratoga Springs location on a highly visible corner, moments from Broadway.; - Significant development potential with mixed-use zoning and a 50-foot height allowance (up to 85' with height bonuses), allowing for construction of a building up to approximately 70,000 square feet.; - Includes a successful and long-standing (20 years) food & beverage establishment (tavern and restaurant) as part of the purchase.
More about this property
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