Search
Turnkey Restaurant in Saratoga Springs
For Lease
$5,172/Mo
Pending

44 Lake Avenue, Saratoga Springs, NY 12866

Profitable restaurant for immediate operation in downtown Saratoga Springs.

Space SizeContact for details
Lot Size0.36 Acres
Days on Market306

Property Features for 44 Lake Avenue

General Information

Standard status Pending
Lot size 0.36 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,800

Amenities

Central air
Central Air Cooling
Natural Gas Heating
Off Street
On Street
Paved
Private
Rubber Roof

Building Details

Year Built 1961
Listing Agency: KW PLATFORM
Listed By: ELIZABETH PAGE · License #10401333541
Source: Corcoran
Added: Nov 7, 2025 Changed: Aug 10 Last Checked: Jul 23 at 7:01AM

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 is a 2,800± square foot restaurant space located in downtown Saratoga Springs, at the intersection of Lake Avenue and Henry Street, approximately three blocks from Broadway. The property benefits from high visibility and foot traffic. The restaurant has seating for 70+ patrons and includes a fully equipped kitchen. There are 13 dedicated parking spaces. The sale includes all equipment, furnishings, and proprietary recipes, allowing for immediate operation. Potential growth opportunities include catering, events, or menu expansion. The property, intended for use as a restaurant, offers a stable NNN lease and low annual taxes, making it a potential investment for both operators and investors.

Key Highlights

  • Turnkey restaurant in downtown Saratoga Springs.
  • Prime location at Lake Avenue and Henry Street with high visibility and foot traffic.
  • Includes all equipment, furnishings, and proprietary recipes.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Scallions Restaurant

Suggested Use

Top Pick Storage Facility Electrical Service Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Repair Shop

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,548
Businesses Nearby
Under-served
Demand for This Use

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Profitable restaurant for immediate operation in downtown Saratoga Springs.
Where is this conventional restaurant located?
The property is located at 44 Lake Avenue Saratoga Springs, NY.
What is the lease rate?
The lease rate is $5,172/Mo.
What are key features of this property?
This property features: Turnkey restaurant in downtown Saratoga Springs.; Prime location at Lake Avenue and Henry Street with high visibility and foot traffic.; Includes all equipment, furnishings, and proprietary recipes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message