Brick Flex Building with High
For Sale
$2,250,000
Pending
610 Maple Avenue, Saratoga Springs, NY 12866
Commercial Sale, Saratoga Springs, NY
Property Size16,800 SF
Lot Size3.31 Acres
Days on Market808
Property Features for 610 Maple Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
5
Directions
From Downtown Saratoga Springs, Broadway to NY-29 Truck E, left onto Marion Avenue for 1.8 miles, property will be on the right.
Standard status
Pending
APN
415600 140.17-1-7.2
Size
16,800 SF
Lot size
3.31 Acres
Taxes and HOA fees
Tax Annual Amount
12172
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Year built
1985
Building materials
Brick
Architectural style
Other
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Amy L Sutton · License #30SU0496141
(518) 527-3564
Added: Jul 22, 2024
Changed: Sep 12
Last Checked: Oct 7 at 7:06PM
MLS# 202421958
Copyright © 2026 Global MLS, Inc. 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 16,800-square-foot flex property sits on 3.31 acres and was built in 1985. The brick building features high ceilings, an adaptable floor plan, signage, central air, and natural-gas forced-air heating. Commercial zoning supports a range of uses identified for the property, including veterinary, restaurant, convenience store, motel or hotel, two-family dwelling, club or lodge, drive-in or drive-through, and health services.
The property is located on Route 9 in Saratoga Springs and includes on-site parking. Water is supplied by a well, with septic tank service. Its combination of flexible interior planning, highway exposure, and substantial land area supports varied commercial configurations.
The property is located on Route 9 in Saratoga Springs and includes on-site parking. Water is supplied by a well, with septic tank service. Its combination of flexible interior planning, highway exposure, and substantial land area supports varied commercial configurations.
Key Highlights
- 16,800 SF flex building on 3.31 acres
- High ceilings and adaptable floor plan
- Commercial zoning with multiple stated use possibilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$202,789
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,055,780
$4.1M
Cap Rate 7%
$2,896,986
$2.9M
Cap Rate 9%
$2,253,211
$2.3M
Market Conditions
NOI Build-Up for 16,800 SF
Gross rent
$302.4K $18.00/SF
− Vacancy
−$12.7K −$0.76/SF
EGI
$289.7K $17.24/SF
− OpEx
−$86.9K −$5.17/SF
NOI
$202.8K $12.07/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,055,780
Cap Rate 7%
$2,896,986
Cap Rate 9%
$2,253,211
Alternative Uses
Best Use
Flex RnD
$3.48M
$3.05M – $4.06M
NOI $243,734 @ 7.0% cap · market cap 10.83%
Second Best
Retail
$2.90M
$2.53M – $3.38M
NOI $202,789 @ 7.0% cap · market cap 9.01%
Theoretical Best
Office A
$5.03M
$4.40M – $5.87M
NOI $351,994 @ 7.0% cap · market cap 15.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial building with adaptable layout, ample parking, Route 9 exposure, and multiple stated use possibilities.
Where is this flex space located?
The property is located at 610 Maple Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 16,800 SF flex building on 3.31 acres; High ceilings and adaptable floor plan; Commercial zoning with multiple stated use possibilities
