Renovated Auto Dealership
132-134 Saratoga Avenue South Glens Falls, NY 12803
132-134 Saratoga Avenue, South Glens Falls, NY, 12803
$315,000
Pending
For Sale
$315,000
Pending
Extensively renovated building with detached heated garage on two parcels, currently operating as a car dealership.
Property Size1,280 SF
Days on Market205
Property Features for 132-134 Saratoga Avenue
General Information
- Standard status
- Pending
- Size
- 1,280 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1943
Listing agency
KW Platform
(518) 683-5458
Listed by
Dragos Minciunescu · License #10301219707
(518) 683-5458
Source
Compass
Added: Dec 29, 2025 Updated: Jul 20 at 7:17PM Checked: Jul 22 at 7:11AM
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 KW Platform
Investment Insights
Based on property information with market context.
This versatile commercial property includes two parcels and a main building that has been extensively renovated. Improvements include a new roof, fresh interior and exterior paint, durable vinyl plank flooring, an updated bathroom, and a modernized kitchen area. A detached garage adds flexibility for storage, service, or expansion, and includes its own propane heat and separate electric service.
The property is located on Saratoga Avenue in the heart of South Glens Falls, about four miles from I-87, supporting convenient access and strong visibility.
Currently operating as a car dealership, the setup lends itself to a range of future commercial uses, including retail or office, depending on the buyer’s plans.
The property is located on Saratoga Avenue in the heart of South Glens Falls, about four miles from I-87, supporting convenient access and strong visibility.
Currently operating as a car dealership, the setup lends itself to a range of future commercial uses, including retail or office, depending on the buyer’s plans.
Key Highlights
- Extensively renovated commercial building with 1,280 SF office space; built in 1943
- Newer roof with rubber and asphalt roofing plus updated bathroom, modernized kitchen area, and new vinyl plank flooring
- Central air and forced‑air heating; includes both natural gas and leased propane tank heat
Local Financial Insights For 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 | $19.2k | $15.00 |
| − Vacancy | −$1.5k | −$1.20 |
| EGI | $17.7k | $13.80 |
| − OpEx | −$5.3k | −$4.14 |
| NOI | $12.4k | $9.66 |
1,280 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$176.6K
$154.6K – $206.1K
NOI $12,365 @ 7.0% cap · market cap 3.93%
Second Best
Industrial
$113.1K
$99.0K – $131.9K
NOI $7,916 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$383.1K
$335.2K – $447.0K
NOI $26,819 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Showrooms
Similar For Sale Nearby
Similar Off Market Nearby
- Tuff Kote Flooring — 1704 US-9, South Glens Falls, NY 12803
- Kellogg Karpet Flooring, Carpet Cleaning, Repair and Design Center — 79 Saratoga Ave, South Glens Falls, NY 12803
FAQs
What type of property is this?
Showroom - Extensively renovated building with detached heated garage on two parcels, currently operating as a car dealership.
Where is this showroom located?
The property is located at 132-134 Saratoga Avenue South Glens Falls, NY.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Extensively renovated commercial building with 1,280 SF office space; built in 1943; Newer roof with rubber and asphalt roofing plus updated bathroom, modernized kitchen area, and new vinyl plank flooring; Central air and forced‑air heating; includes both natural gas and leased propane tank heat
