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    10 Thompson St Ballston Spa, NY 12020

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    For Sale
    $325,000

    3000sf barn with apartment in Ballston Spa's Central Business District.

    Property size:
    3,000 SF

    Property Features for 10 Thompson St

    General Information

    Size
    3,000 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Historic Barn with Finished Apartment

    This 3000 square foot barn, featuring a finished apartment on the second level, presents an opportunity to own a piece of history in the village of Ballston Spa. Situated in the Central Business District, the property is suitable for a variety of commercial uses, including retail, restaurant, and office spaces. The location is convenient to the amenities of the up-and-coming village of Ballston Spa. The property offers potential off-street parking for 2-3 cars in front of the building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.850256
    Latitude
    43.004732

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    FAQs

    What type of property is this?
    Mixed-use property - 3000sf barn with apartment in Ballston Spa's Central Business District.
    Where is this mixed-use property located?
    The property is located at 10 Thompson St Ballston Spa, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Located in the Central Business District, allowing for diverse commercial uses (retail, restaurant, office, etc.).; - 3000sf barn with a finished apartment on the 2nd level.; - Located in the heart of the village of Ballston Spa.
    (518) 691-0669
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    10 Thompson St Ballston Spa, NY 12020
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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
    10 Thompson St Ballston Spa, NY 12020
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