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Office Building with 13 Offices
For Sale
$999,000

5 Wells St, Saratoga Springs, NY 12866

Commercial Sale, Saratoga Springs, NY

Property SizeContact for details
Lot Size0.35 Acres
Days on Market668

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

Additional Details

Property Use Office

Amenities

kitchen
conference room
media room
storage

Building Details

Year built 1962
Flooring type Carpet
Roof type Rubber
Listing Agency: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
Listed By: Todd Curley · License #40CU1059632
Added: Jan 2, 2025 Changed: Oct 26 Last Checked: Nov 1 at 7:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This office building offers 13 offices, two kitchens, a large conference room, a media room, multiple bathrooms, and additional storage. Carpet flooring is installed, and the building was constructed in 1962. The 0.35-acre property includes 19 paved parking spaces, and its rubber roof was replaced in 2017.

The property is in Saratoga Springs, close to Saratoga Hospital and downtown. The address is 5 Wells St.

Key Highlights

  • 13 offices, two kitchens, a large conference room, media room, multiple bathrooms, and storage
  • 19 paved parking spaces on a 0.35‑acre property
  • Rubber roof replaced in 2017

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Marshall & Sterling Employee ... Insurance Agency

Suggested Use

Top Pick Storage Facility Electrical Service Auto Repair Shop Veterinary Clinic Pet Grooming Service (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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - A flexible interior includes two kitchens, a conference room, media room, storage, and multiple bathrooms.
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 $999,000.
What are key features of this property?
This property features: 13 offices, two kitchens, a large conference room, media room, multiple bathrooms, and storage; 19 paved parking spaces on a 0.35‑acre property; Rubber roof replaced in 2017
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