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237 Washington St Saratoga Springs, NY 12866

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For Sale
$900,000

Prime location for mixed-use commercial and residential development.

Lot size:
0.67 Acres

Property Features for 237 Washington St

General Information

Standard status
Active
Lot size
0.67 Acres

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Listing Contact
Scott P Varley
Scott P Varley
Source: Corcoran

Listing Agency: KW Platform Listing Agent: Scott P Varley

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

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Overview

Mixed-Use Building Opportunity

This property presents an opportunity to own a commercial building with additional income potential from residential rentals. The property is located on a busy section of Route 29, minutes from downtown Saratoga Springs. There was a previously approved concept for an approximately 15,000 sqft mixed-use commercial building. The current owner, Saratoga Vision, is next door and would require a shared parking agreement. Saratoga Springs is experiencing residential and commercial growth, and this property offers a chance to construct and own a 15,000-sq-ft commercial/retail structure on a 0.67-acre lot. A two-story building with ground-floor commercial space and a second floor for six apartments is envisioned, similar to the adjacent Saratoga Vision building. The location on Route 29/Washington St., off West Ave., is situated in a transforming corridor near Broadway in downtown, close to businesses such as a dry cleaner, Dunkin Donuts, Walgreens, and Cardona Italian Imports, and near new condo, apartment, medical, and commercial developments.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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City
Saratoga Springs
County
Saratoga
State
New York
Longitude
-73.802714
Latitude
43.081294

FAQs

What type of property is this?
Mixed-use property - Prime location for mixed-use commercial and residential development.
Where is this mixed-use property located?
The property is located at 237 Washington St Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: - Prime .67 acre lot on busy Rt. 29, minutes from downtown Saratoga Springs.; - Approved concept for a 15,000 sqft mixed-use commercial building (ground floor commercial, second floor for 6 apartments).; - Opportunity to own commercial space instead of renting and build equity.
More about this property
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