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Professional Office Building with Parking
For Sale
$1,099,000

5 Wells St, Saratoga Springs, NY 12866

COMMERCIAL - Saratoga Springs, NY

Property SizeContact for details
Lot Size0.35 Acres
Days on Market595

Property Features for 5 Wells St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision East New York
Standard status Active
Lot size 0.35 Acres

Building Details

Year built 1962
Flooring type Carpet
Roof type Rubber
Listing Agency: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
Listed By: Todd Curley
Added: Jan 2, 2025 Changed: Aug 4 Last Checked: Aug 20 at 1:06PM
MLS# 11552704

Copyright © 2026 My State MLS. 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 professional office building offers a functional mix of private and shared spaces. The current layout includes 13 offices, two kitchens, a large conference room, multiple bathrooms, a media room, and additional storage, supporting both day-to-day operations and team meetings. The property also includes roof replacement in 2017, along with established interior improvements to support ongoing office use.

Located at 5 Wells St in Saratoga Springs, the building is described as being in close proximity to Saratoga Hospital and downtown Saratoga Springs, providing convenient access for staff and visitors. On-site parking is supported by 19 paved spaces.

The configuration is well-suited for an owner-occupier or an organization that values dedicated office rooms alongside a substantial conference space and media room. With multiple bathrooms, two kitchen areas, and extra storage already in place, the building can accommodate a range of professional workflows without requiring a full layout change.

Key Highlights

  • Professional office building with 13 offices plus large conference room, media room, and additional storage
  • Includes two kitchens and multiple bathrooms
  • 19 paved parking spaces on‑site

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.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-appointed office building with paved parking and 13 offices, plus conference and storage areas.
Where is this office building located?
The property is located at 5 Wells St Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Professional office building with 13 offices plus large conference room, media room, and additional storage; Includes two kitchens and multiple bathrooms; 19 paved parking spaces on‑site
More about this property
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