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Restaurant Space with Included FF&E

54 Phila Street, Saratoga Springs, NY 12866

For Lease
$31 SF/Yr

Furnishings, fixtures, and equipment are included, supporting restaurant use without requiring a separate equipment package.

Space Size3,600 SF
Property Size266,635 SF
Days on Market674

Property Features for 54 Phila Street

General Information

Standard status Active
Size 3,600 SF
Net Rentable 3,600 SF
Zoning Mixed

Space & Availability

Available Space 3,600 SF
Contiguous Space 3,600 SF
Space Use Restaurant
Available From Immediate
Furnished Yes

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $12,000

Building Details

Building Size 266,635 SF
Year Built 2010
Buildings 1
Stories 3
Listing Agency: Berkshire Hathaway Home Services Blake
Listed By: Christopher Armer · License #40AR1141826
Source: Chadmajewski
Added: Jan 2, 2025 Changed: Nov 4 Last Checked: Nov 6 at 4:32AM

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 Berkshire Hathaway Home Services Blake

Rey
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Investment Insights

Based on property information with market context.

This 3,600-square-foot restaurant space accommodates more than 100 seats. Furnishings, fixtures, and equipment are included in the lease, and the interior receives natural light. The building was constructed in 2010, and the property has mixed zoning.

At 54 Phila Street in downtown Saratoga Springs, the space is positioned in the dining district, across from historic Café Lena and near Solevo, Familiar Creature, Bibulous, and Osteria Danny. Public parking is next door; street parking and additional garages are also nearby.

Key Highlights

  • Restaurant space measures 3,600 square feet
  • Seating capacity exceeds 100
  • Furnishings, fixtures, and equipment included in the lease

Property Analytics

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

Current Use

Phila Fusion Noodle ... Restaurant Terrace Homebuilders Construction Company

Suggested Use

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

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
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,607
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Furnishings, fixtures, and equipment are included, supporting restaurant use without requiring a separate equipment package.
Where is this conventional restaurant located?
The property is located at 54 Phila Street Saratoga Springs, NY.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Restaurant space measures 3,600 square feet; Seating capacity exceeds 100; Furnishings, fixtures, and equipment included in the lease
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