Saratoga Springs Mixed-Use
120 West Avenue Saratoga Springs, NY 12866
For Sale
$3,100,000
Pending
COMMERCIAL - Saratoga Springs, NY
Property Size18,075 SF
Lot Size0.73 Acres
Days on Market328
Property Features for 120 West Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Parking
- 40
- Standard status
- Pending
- APN
- 411501-165-072-0001-024-000-0000
- Size
- 18,075 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Annual Amount
- 16249
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2008
- Building materials
- Steel Beam
- Roof type
- Rubber
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Amy L Sutton · License #30SU0496141
(518) 527-3564
Added: Sep 2, 2025
Changed: May 18
Last Checked: Jul 26 at 9:06AM
MLS# 202525020
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This Class A mixed-use building in Saratoga Springs presents a commercial investment opportunity. The property features 25 offices, two conference rooms, a coffee shop with a drive-thru, and a gym. On-site parking is available, along with six indoor, heated garage spaces. The building is situated in a visible and rapidly growing area. The property is located in Saratoga Springs, New York. The lot size is 0.73 acres and the property size is 18,075 square feet.
Key Highlights
- Class A mixed‑use building in Saratoga Springs
- 25 offices, 2 conference rooms, coffee shop with drive‑thru, and gym
- Located in a very visible, fast‑growing area
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $390.4k | $21.60 |
| − Vacancy | −$16.4k | −$0.91 |
| EGI | $374.0k | $20.69 |
| − OpEx | −$93.5k | −$5.17 |
| NOI | $280.5k | $15.52 |
18,075 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$4.01M
$3.51M – $4.68M
NOI $280,517 @ 7.0% cap · market cap 9.05%
Second Best
Office B
$3.49M
$3.06M – $4.08M
NOI $244,501 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$5.41M
$4.73M – $6.31M
NOI $378,707 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ChapOS
IT Consulting Firm
Law Office of Stephen ...
Law Firm
Saratoga Accounting & Tax. ...
Accounting Firm
KaffeeHouse
Cafe & Coffee Shop
Aurora Massage and Bodyworks
Alternative Medicine Practice
FAQs
What type of property is this?
Office building - Class A mixed-use building with offices, coffee shop, and gym.
Where is this office building located?
The property is located at 120 West Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Class A mixed‑use building in Saratoga Springs; 25 offices, 2 conference rooms, coffee shop with drive‑thru, and gym; Located in a very visible, fast‑growing area
