Restaurant Property with
For Sale
$649,000
910 Rock City Road, Ballston Spa, NY 12020
Fully equipped restaurant includes a commercial kitchen, dining room with wood-burning fireplace, and an on-site apartment.
Property Size3,390 SF
Price / SF$191.45
Days on Market191
Property Features for 910 Rock City Road
General Information
Standard status
Active
Size
3,390 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
Roohan Realty
Listed By:
Brendon Teetor · License #10401376385
(954) 242-2326
Source:
Signatureonerealtygroup
Added: Apr 18
Changed: Oct 25
Last Checked: Oct 24 at 10:36PM
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 Roohan Realty
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Investment Insights
Based on property information with market context.
This restaurant property is set up for food service and catering, featuring a spacious commercial kitchen and approximately 3,390 square feet of restaurant space. The dining room includes a grandfathered wood-burning fireplace, along with a bar area. The kitchen comes with updated commercial equipment, with utilities including natural gas service, central air, and three-phase electric.
The property also includes abundant on-site parking for approximately 75 vehicles. A second-floor apartment provides space suited to owner-operator living, management housing, or rental income. Outdoors, nearly four private acres offer room for guest-focused improvements and seasonal programming, subject to municipal approvals where applicable.
Overall, the combination of restaurant operations, large-scale kitchen infrastructure, and additional residential space makes this an appealing hospitality-focused asset for an operator seeking a ready-to-run setup.
The property also includes abundant on-site parking for approximately 75 vehicles. A second-floor apartment provides space suited to owner-operator living, management housing, or rental income. Outdoors, nearly four private acres offer room for guest-focused improvements and seasonal programming, subject to municipal approvals where applicable.
Overall, the combination of restaurant operations, large-scale kitchen infrastructure, and additional residential space makes this an appealing hospitality-focused asset for an operator seeking a ready-to-run setup.
Key Highlights
- Fully equipped restaurant on 3.83 private acres, with 3,390 SF of restaurant space
- Dining room with a grandfathered wood‑burning fireplace plus a bar area
- Commercial kitchen with updated equipment and natural gas service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,611
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,220
$1.1M
Cap Rate 7%
$751,586
$751.6K
Cap Rate 9%
$584,567
$584.6K
Market Conditions
NOI Build-Up for 3,390 SF
Gross rent
$73.2K $21.60/SF
− Vacancy
−$3.1K −$0.91/SF
EGI
$70.1K $20.69/SF
− OpEx
−$17.5K −$5.17/SF
NOI
$52.6K $15.52/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,220
Cap Rate 7%
$751,586
Cap Rate 9%
$584,567
Alternative Uses
Best Use
Specialty Retail
$751.6K
$657.6K – $876.9K
NOI $52,611 @ 7.0% cap · market cap 8.11%
Second Best
Industrial
$299.5K
$262.1K – $349.4K
NOI $20,966 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$1.01M
$887.8K – $1.18M
NOI $71,027 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant includes a commercial kitchen, dining room with wood-burning fireplace, and an on-site apartment.
Where is this conventional restaurant located?
The property is located at 910 Rock City Road Ballston Spa, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Fully equipped restaurant on 3.83 private acres, with 3,390 SF of restaurant space; Dining room with a grandfathered wood‑burning fireplace plus a bar area; Commercial kitchen with updated equipment and natural gas service
