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    417 Broadway Saratoga Spg Saratoga Springs, NY 12866

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    For Sale
    $3,700,000

    Unique investment opportunity in vibrant downtown Saratoga Springs.

    Property size:
    4,484 SF
    Lot size:
    0.06 Acres

    Property Features for 417 Broadway Saratoga Spg

    General Information

    Standard status
    Active
    Size
    4,484 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    1825

    Source: JULIE & CO REALTY, LLC Agent AMY FARCHIONE-SGROMO

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

    Overview

    Historic Saratoga Springs Mixed-Use Property

    Located in the heart of Downtown Saratoga Springs, 417 Broadway presents a unique investment opportunity. The property is suitable for an owner-occupied restaurant with additional income from apartments or for investors seeking to expand their portfolio in a vibrant and historic area. The restaurant occupies the first and lower floors and features two working fireplaces, creating a cozy and inviting atmosphere. All furniture, fixtures, and equipment for the restaurant are included in the purchase price, ensuring a seamless transition for new owners. There are three apartments located on the second and third floors. The property, with a size of 4484 square feet, is located in a community known for its year-round attractions. This versatile property is ideal for operating a restaurant, enjoying income from rental properties, or investing in a dynamic area.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.7411
    Latitude
    43.0842

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    FAQs

    What type of property is this?
    Restaurant - Unique investment opportunity in vibrant downtown Saratoga Springs.
    Where is this restaurant located?
    The property is located at 417 Broadway Saratoga Spg Saratoga Springs, NY.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: - Prime Downtown Saratoga Springs Location: Situated in the heart of a vibrant, historic area known for year-round attractions.; - Turnkey Restaurant Opportunity: Includes all furniture, fixtures, and equipment for a seamless transition.; - Income-Generating Apartments: Features 3 apartments on the upper floors for additional rental income.
    (518) 350-7653
    Request Owner's contact information
    417 Broadway Saratoga Spg 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
    417 Broadway Saratoga Spg Saratoga Springs, NY 12866
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