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Downtown Saratoga Springs Retail Space
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21 Congress St, Saratoga Springs, NY 12866

Retail space in downtown Saratoga Springs near Congress Park.

Space Size6,753 SF
Days on Market939

Property Features for 21 Congress St

General Information

Standard status Active
Size 6,753 SF
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 21 Congress St
21 Congress St $25/SF/Yr
Floor 1
Size 6,753 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Large parking lot in the rear of the development - Situated across from historic Congress Park and close to Saratoga State Park, Saratoga Lake, Saratoga Performing Arts Center, Saratoga Race Course, and Skidmore College - Walking distance to Saratoga’s finest shops and restaurants - Opportunity to join a class “A” mixed-use development alongside major financial firms and national/regional retailers - First floor tenant includes Fedex - Owned and managed by Brause Realty
Contact us
Listing Agency: CBRE | Albany
Listed By: Eric Simonds · License #10301208701
Source: Moodyscre
Added: Mar 11, 2024 Changed: Sep 30 Last Checked: Oct 4 at 9:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Albany

Investment Insights

Based on property information with market context.

This is a retail space available for lease, offering approximately 6,753 square feet of space on the first floor of a roughly 22,000 square foot building. The property is located within Congress Park Centre, situated in downtown Saratoga Springs, across from historic Congress Park. It is also near Saratoga State Park, Saratoga Lake, Saratoga Performing Arts Center, Saratoga Race Course, and Skidmore College. The location provides walking distance access to shops and restaurants. The property has a large parking lot in the rear of the development. The first floor tenant includes Fedex. The property is part of a mixed-use development alongside financial firms and retailers.

Key Highlights

  • Located in the heart of downtown Saratoga Springs within Congress Park Centre.
  • Large parking lot in the rear of the development.
  • Opportunity to join a class “A” mixed‑use development alongside major financial firms and national/regional retailers.

Property Analytics

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Current Use

KeyBank ATM Atm Saratoga County Chamber Business Service Center Rush My Passport Travel Agency FedEx Office Print ... Courier Service Saratoga Associates Landscape ... Landscaping

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,828
Businesses Nearby

Demographics for 12866, NY

40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Saratoga Springs, NY

$22.32 /SF/Yr
Avg Asking Price
$20.57–$25 /SF/Yr
Price Range
20,711 SF
Avg Space Size

This space is priced 12% above the average of $22.32 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in downtown Saratoga Springs near Congress Park.
Where is this retail space located?
The property is located at 21 Congress St Saratoga Springs, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located in the heart of downtown Saratoga Springs within Congress Park Centre.; Large parking lot in the rear of the development.; Opportunity to join a class “A” mixed‑use development alongside major financial firms and national/regional retailers.
(518) 598-9985 Call to check price and availability
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