High-Profile Saratoga Springs Commercial
For Sale
$850,000
Pending
290 Church St, Saratoga Springs, NY 12866
Prime location near hospital and golf club with modern updates.
Property Size2,102 SF
Days on Market294
Property Features for 290 Church St
General Information
Standard status
Pending
Size
2,102 SF
Taxes and HOA fees
Annual Taxes
$9,130
Listing Agency:
KW Platform
Listed By:
Scott P Varley · License #30VA0727304
(518) 281-6808
Source:
Exprealty
Added: Dec 17, 2025
Changed: Oct 2
Last Checked: Oct 5 at 8:29PM
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 commercial property benefits from a high-profile location on Route 9N, across from the hospital and the Saratoga Golf and Polo Club. The property offers exposure and signage opportunities. The building is suitable for a firm currently renting that would benefit from owning its own real estate. It features easy and private parking. The property is modern and updated, minimizing the need for additional investment in the structure or interior. Its proximity to the hospital places it near the concentration of medical services in the city. The property size is 2102 square feet.
Key Highlights
- High‑profile location on Rt 9N, across from the hospital and Saratoga Golf and Polo Club.
- Excellent exposure and signage opportunities.
- Ideal size for a firm transitioning from renting to owning.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,434
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,680
$568.7K
Cap Rate 7%
$406,200
$406.2K
Cap Rate 9%
$315,933
$315.9K
Market Conditions
NOI Build-Up for 2,102 SF
Gross rent
$45.4K $21.60/SF
− Vacancy
−$7.5K −$3.56/SF
EGI
$37.9K $18.04/SF
− OpEx
−$9.5K −$4.51/SF
NOI
$28.4K $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%
$568,680
Cap Rate 7%
$406,200
Cap Rate 9%
$315,933
Alternative Uses
Best Use
Office B
$406.2K
$355.4K – $473.9K
NOI $28,434 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.2K
$550.5K – $734.0K
NOI $44,041 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,166
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - Prime location near hospital and golf club with modern updates.
Where is this office building located?
The property is located at 290 Church St Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High‑profile location on Rt 9N, across from the hospital and Saratoga Golf and Polo Club.; Excellent exposure and signage opportunities.; Ideal size for a firm transitioning from renting to owning.
