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    1288 Saratoga Rd Gansevoort, NY 12831

    Sponsored
    For Sale
    $495,000

    Prime QSR/Fast Food Location, Vacant, 1500 SF

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,500-square-foot retail building, situated on 1.71 acres at 1288 Saratoga Road in Gansevoort, NY, presents a compelling investment opportunity. Currently vacant, this single-story structure boasts 25 parking spaces, making it highly accessible for customers. Built over 30 years ago, the building offers significant potential for redevelopment or immediate occupancy. The property is conveniently located on Route 9, in close proximity to Route 87 Exit, ensuring high visibility and convenient access for patrons. The asking price is $495,000, translating to $330 per square foot. Zoned for a variety of uses, including but not limited to quick-service restaurants, convenience stores, and other retail establishments, this property is deed-restricted to gas, convenience items (including food or food products, dairy products, beer, or wine, or other alcoholic beverages for off-premises consumption), and auto parts. The ample lot size and strategic location make this an ideal site for a variety of businesses seeking high traffic exposure in a thriving area. The net rentable square footage is 1,500 square feet. This property is ready for a new tenant to capitalize on its prime location and versatile zoning. Serious inquiries are encouraged.

    Property Features for 1288 Saratoga Rd

    General Information

    Property type
    Restaurants
    Square Feet
    1,500 SF
    Lot Size
    74,488 SF

    Building Details

    Year Built
    30
    Buildings
    1
    Stories
    1

    HighLights

    • 1,500 SF retail building on 1.71 acres in Gansevoort, NY.
    • Vacant, single‑story building with 25 parking spaces.
    • Located on Route 9, near Route 87, offering high visibility.
    • Asking price: $495,000 ($330/SF).
    • Zoned for various retail uses, including restaurants, convenience stores, and auto parts, with deed restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gansevoort
    County
    Saratoga
    State
    New York
    Longitude
    -73.6861559
    Latitude
    43.2394943

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    Nearby Similar for Sale

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      Freestanding Building on Route 9

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    FAQs

    What type of property is this?
    Restaurant - Prime QSR/Fast Food Location, Vacant, 1500 SF
    Where is this restaurant located?
    The property is located at 1288 Saratoga Rd Gansevoort, NY.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 1,500 SF retail building on 1.71 acres in Gansevoort, NY.; Vacant, single-story building with 25 parking spaces.; Located on Route 9, near Route 87, offering high visibility.
    Request Owner's contact information
    1288 Saratoga Rd Gansevoort, NY 12831
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    Gansevoort, NY 12831
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1288 Saratoga Rd Gansevoort, NY 12831
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