Corner Commercial Development
For Sale
$3,595,000
40 Excelsior Avenue, Saratoga Springs, NY 12866
COMMERCIAL - Other - Saratoga Springs, NY
Property Size8,299 SF
Lot Size1.20 Acres
Price / SF$433.18
Days on Market131
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 3, Bathroom 4
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
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1974
Flooring type
Concrete, Tile
Building materials
Block, Vinyl Siding
Roof type
Asphalt, Rubber
Architectural style
Other
Listing Agency:
Howard Hanna Capital Inc
(518) 584-0743
Listed By:
Colleen Guarino · License #40GU0798369
(518) 248-7658
Added: Apr 5
Changed: Aug 4
Last Checked: Aug 13 at 7:06AM
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.
A prime corner commercial development site offering 1.2 acres with more than 500 feet of frontage. The property is sized at approximately 8,299 square feet and is described as being in a commercial/residential T-5 transition zone. Seller notes the land can be subdivided.
The site is positioned with close proximity to the Northway and The Racetrack, and it is described as a short walk to Broadway. Public remarks also highlight the newly developed Saratoga Greenbelt Trail and the expectation of increased pedestrian traffic.
The property’s configuration and frontage make it well-suited for development planning, including the seller’s stated interest in a multi-story commercial condo apartment building.
The site is positioned with close proximity to the Northway and The Racetrack, and it is described as a short walk to Broadway. Public remarks also highlight the newly developed Saratoga Greenbelt Trail and the expectation of increased pedestrian traffic.
The property’s configuration and frontage make it well-suited for development planning, including the seller’s stated interest in a multi-story commercial condo apartment building.
Key Highlights
- Prime 1.23‑acre corner lot with over 500 ft of frontage in a commercial/residential T‑5 transition zone
- Public water and public sewer available
- Heating: forced air with natural gas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,586
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial zoned corner lot with 500+ feet of frontage 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: Prime 1.23‑acre corner lot with over 500 ft of frontage in a commercial/residential T‑5 transition zone; Public water and public sewer available; Heating: forced air with natural gas
