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Downtown Retail or Office Suite
For Sale
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268 Broadway, Saratoga Springs, NY 12866

Flexible suite offers reception, a conference room, four private offices, kitchenette, copy room, and a half bath.

Property Size2,235 SF
Price / SF$357.94
Days on Market136

Property Features for 268 Broadway

General Information

Standard status Active
Size 2,235 SF
Property subtype RETAIL

Amenities

reception area
conference room
private offices
kitchenette
copy room
half bath

Properties For Sale

at 268 Broadway
268 Broadway AVAILABLE, Now
Floor 1
Size 2,235 SF
Type RETAIL
Lease Type NNN
Sublease No
- Are you looking for the perfect location to establish or expand your business in the heart of Saratoga Springs? Look no further! We have a fantastic opportunity for you with a 2,235 square foot space available on Broadway in Downtown Saratoga Springs. - This versatile space is ideal for either retail or office purposes and offers several key features that make it a standout choice. - The Beautiful Reception Area will make a lasting impression on clients and visitors with an inviting and stylish entrance. - The large Conference Room is Perfect for meetings, presentations, or collaborative work sessions. - There are Four Private Offices to enjoy the privacy and space for focused work or personal consultations. - The Kitchenette is Conveniently equipped for your staff’s needs, whether it’s a quick coffee break or a lunch preparation area. - The Copy Room is essential for any office, equipped for all your printing and copying needs. - The 1/2 Bath is easily accessible for all your staff and clients.
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Listing Agency: Julie & Co Realty LLC
Listed By: Amy Farchione Sgromo
Source: Moodyscre
Added: Jun 17 Changed: Aug 23 Last Checked: Oct 30 at 5:59PM

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 Julie & Co Realty LLC

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Investment Insights

Based on property information with market context.

Available for sale, this versatile suite is located at 268 Broadway in downtown Saratoga Springs and totals 2,235 square feet.

The space is configured with a reception area, a large conference room, and four private offices, supporting both client-facing and internal workspace needs. Additional improvements include a kitchenette, a copy room, and a half bath accessible to staff and clients.

Whether you’re establishing or expanding, the layout is designed to support retail or office operations with dedicated areas for meetings, focused work, and day-to-day back-of-house support.

Key Highlights

  • 2,235 SF flexible suite on Broadway in Downtown Saratoga Springs
  • Designed for retail or office use
  • Reception area plus large conference room for meetings and presentations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,233
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,660 $604.7K
Cap Rate 7%
$431,900 $431.9K
Cap Rate 9%
$335,922 $335.9K
Market Conditions
NOI Build-Up for 2,235 SF
Gross rent
$48.3K $21.60/SF
− Vacancy
−$8.0K −$3.56/SF
EGI
$40.3K $18.04/SF
− OpEx
−$10.1K −$4.51/SF
NOI
$30.2K $13.53/SF
Area
Saratoga County, NY
Vacancy
16.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,660
Cap Rate 7%
$431,900
Cap Rate 9%
$335,922

Alternative Uses

Best Use
Office B
$431.9K
$377.9K – $503.9K (±1% cap)
NOI $30,233 @ 7.0% cap · market cap 3.78%
Second Best
Retail
$385.4K
$337.2K – $449.6K (±1% cap)
NOI $26,978 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$669.0K
$585.4K – $780.5K (±1% cap)
NOI $46,828 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

layered. design Consultant Park Place Condominiums Condominium Complex Dr. Clifford B. ... Physician 4 Pillar Funding Corporate Office Eloise Palmisano RN ... Physician

Suggested Use

Top Pick Auto Repair Shop Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

2,430
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

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible suite offers reception, a conference room, four private offices, kitchenette, copy room, and a half bath.
Where is this retail space located?
The property is located at 268 Broadway Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 2,235 SF flexible suite on Broadway in Downtown Saratoga Springs; Designed for retail or office use; Reception area plus large conference room for meetings and presentations
(315) 863-2777 Call to check price and availability
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