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Commercial Corner Land
For Sale
$3,595,000

40 Excelsior Avenue, Saratoga Springs, NY 12866

Commercial Sale, Saratoga Springs, NY

Property Size8,299 SF
Lot Size1.20 Acres
Price / SF$433.18
Days on Market176

Property Features for 40 Excelsior Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3
Parking 40
Parking features Off Street
Lot features Road Frontage, Level, Corner Lot
High school Saratoga Springs
Elementary school district Saratoga Springs
Middle school district Saratoga Springs
High school district Saratoga Springs
Directions Route 50 to East Ave, right on Excelsior.
Standard status Active
APN 411501 166.29-3-1.1
Size 8,299 SF
Lot size 1.20 Acres

Taxes and HOA fees

Tax Annual Amount 22000

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1974
Flooring type Tile, Concrete
Building materials Block, Vinyl Siding
Roof type Asphalt, Rubber
Architectural style Other
Listing Agency: Howard Hanna Capital Inc
Listed By: Colleen Guarino · License #40GU0798369
Added: Apr 5 Changed: Sep 12 Last Checked: Sep 27 at 11:06AM
MLS# 202614511

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering occupies a corner position at 40 Excelsior Avenue and carries Commercial zoning. The property includes an 8,299-square-foot structure dating to 1974, with block and vinyl siding, tile and concrete flooring, natural gas forced-air heat, asphalt and rubber roofing, and four bathrooms. Public water and public sewer serve the site, with off-street parking available.

The parcel provides over 500 feet of frontage and is identified within a commercial/residential T-5 transition area. The property is near the Northway, the racetrack, and Broadway, with access to the Saratoga Greenbelt Trail nearby. The land may be subdivided, adding flexibility for future planning and site configuration.

Key Highlights

  • 1.2‑acre commercial property at 40 Excelsior Avenue
  • Over 500 feet of frontage on a corner parcel
  • Commercial zoning within a commercial/residential T‑5 transition area

Property Analytics

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Current Use

Bardino Motors Car Dealership Saranade's Gift Shop Clothing & Fashion Store

Suggested Use

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

1,586
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 Retail in Northeast region

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

What type of property is this?
Commercial land - Commercially zoned corner parcel with substantial frontage, public utilities, and subdivision potential.
Where is this commercial land located?
The property is located at 40 Excelsior Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: 1.2‑acre commercial property at 40 Excelsior Avenue; Over 500 feet of frontage on a corner parcel; Commercial zoning within a commercial/residential T‑5 transition area
More about this property
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