Property profile

837 Saratoga Rd Ballston, NY 12027

OFF-MARKET
Retail properties & Spaces
9,800 SF 1.24 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire a thriving, established stove and chimney business along the high-traffic Route 50 corridor in Burnt Hills, New York. The property encompasses a substantial 9,800 square foot building complex, including a spacious warehouse showroom (approximately 4,500 sq ft retail space and 3,200 sq ft warehouse with 15' ceilings and ample storage) and a well-maintained, updated two-bedroom, one-bathroom single-family home. The warehouse features a grade-level garage door opening onto a freshly paved parking lot. Built in 1960 and renovated in 2017, the property sits on a 1.24-acre lot and is zoned for commercial use. The sale includes all business inventory, equipment (including a forklift and company trucks), and an established customer base. Financial information is available upon request with a signed non-disclosure agreement. This turnkey operation is ideally suited for an owner-user seeking a profitable business and valuable real estate in a prime location. The property enjoys excellent visibility, situated across from Burnt Hills-Ballston Lake High School, within the Burnt Hills Commercial District, experiencing high traffic counts (approximately 12,944 vehicles per day). The current owner is retiring after 27 years in business, presenting a unique opportunity for a new owner to step into a well-established and successful enterprise. The property consists of three buildings on a single story, with 100% occupancy. The asking price is $1,399,000. The property's APN is 257.-2-5.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1960
Total area 9,800 SF
Lot 1.24 ac (54,014 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

837 Saratoga Rd Ballston, NY 12027
Ballston metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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