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Professional Office Building
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5 Wells St, Saratoga Springs, NY 12866

Professional office building with 13 offices, conference room, multiple bathrooms, and 19 paved parking spaces.

Lot Size0.50 Acres
Days on Market402

Property Features for 5 Wells St

General Information

Standard status Active
Total Parking Spaces 19
Lot size 0.50 Acres
Property subtype OFFICE
Lease Type SF/mo

Space & Availability

Space Use Office
Private Offices 13
Meeting Rooms 1

Additional Details

Utilities to Site Yes

Amenities

kitchen
bathrooms
media room
storage
Listing Agency: Coldwell Banker - Prime Properties | Cohoes
Listed By: Tim Canavan
Source: Moodyscre
Added: Jun 25, 2025 Changed: Jul 29 Last Checked: Jul 30 at 1:51PM

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 Coldwell Banker - Prime Properties | Cohoes

Investment Insights

Based on property information with market context.

This professional office building features a current layout with 13 offices, two kitchens, a large conference room, multiple bathrooms, a media room, and additional storage. The tenant is responsible for utilities and trash removal.

The property is located in close proximity to Saratoga Hospital and downtown Saratoga Springs.

Additional amenities include 19 paved parking spaces included with the property.

Key Highlights

  • Professional office building with a current layout of 13 offices
  • Includes a large conference room plus a media room and additional storage
  • Two kitchens and multiple bathrooms included in the current layout

Property Analytics

Current Use

Marshall & Sterling Employee ... Insurance Agency

Suggested Use

Top Pick Storage Facility Electrical Service Veterinary Clinic Pet Grooming Service Butcher (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.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,497
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Professional office building with 13 offices, conference room, multiple bathrooms, and 19 paved parking spaces.
Where is this office building located?
The property is located at 5 Wells St Saratoga Springs, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Professional office building with a current layout of 13 offices; Includes a large conference room plus a media room and additional storage; Two kitchens and multiple bathrooms included in the current layout
(518) 456-8950 Call to check price and availability
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