Search
Saratoga Springs Professional Office Building
For Sale
$999,000

5 Wells Street, Saratoga Springs, NY 12866

Professional office building near Saratoga Hospital and downtown Saratoga.

Property Size7,128 SF
Price / SF$140.15
Days on Market179

Property Features for 5 Wells Street

General Information

Standard status Active
Size 7,128 SF
Total Parking Spaces 19
Zoning Single Residence

Taxes and HOA fees

Annual Taxes $15,863

Building Details

Buildings 1
Listing Agency: Coldwell Banker Commercial Prime Properties
Listed By: Timothy Canavan
Source: Capmarkrealty
Added: Mar 24 Changed: Sep 17 Last Checked: Sep 18 at 3:56AM

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 Commercial Prime Properties

Investment Insights

Based on property information with market context.

This professional office building is situated near Saratoga Hospital and downtown Saratoga. The current layout features 13 offices, a large kitchen, two conference rooms, multiple bathrooms, a media room, and additional storage space. There are 19 private paved parking spaces, with additional lot space available to create more parking. The roof was replaced in 2017, and numerous capital upgrades have been completed in the past five years. The property is zoned UR-2 and is suitable for an owner/occupier. Furniture and artwork are not included in the sale.

Key Highlights

  • Prime location near Saratoga Hospital and downtown Saratoga.
  • 19 private paved parking spaces with potential for more.
  • Includes 13 offices, large kitchen, two conference rooms, media room, and multiple bathrooms.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Marshall & Sterling Employee ... Insurance Agency

Suggested Use

Top Pick Storage Facility Electrical Service Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher

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
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?
Office building - Professional office building near Saratoga Hospital and downtown Saratoga.
Where is this office building located?
The property is located at 5 Wells Street 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: Prime location near Saratoga Hospital and downtown Saratoga.; 19 private paved parking spaces with potential for more.; Includes **13 offices, large kitchen, two conference rooms, media room, and multiple bathrooms.**
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