41 Geyser Rd, Saratoga Springs, NY 12866-9038
- Investment properties
- 2,785 SF
- 3.49 lot acres
Current Use by Public Records
- Upstate Distilling / Brewery & Distillery / Bar & Pub
- Ninth Planet Beverage Solutions LLC / Food And Beverage Consultant / Cannery
Property Details for 41 Geyser Rd
- Year built
- 1967
- Lot size
- 3.49 lot acres
- Zone code
- INDG
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 411589 178.-1-33.1
- APU
- 4115891781331
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 21, 2015 | $1,250,000 | Van Hall Holdings LLC | Geyser LLC Bradway Capital 41 | Deed | — |
| May 9, 2012 | $1,000,000 | Bradway Cap 41 Geyser LLC | Cnty Of Saratoga | Grant Deed | — |
| Feb 28, 2012 | — | Great American Bicycle LLC | County Of Saratoga Indl Dev A | Grant Deed | — |
Description
This fee-simple industrial property, located at 41 Geyser Rd in Saratoga Springs, NY, offers a compelling investment opportunity. The 3.49-acre site features a 12,224 square-foot manufacturing and warehouse facility, complemented by a 2,200 square-foot office/farmhouse building. Currently 100% occupied under a Net Lease (NNN) agreement with Ninth Planet Beverage Solutions, the lease runs until September 30, 2026, with a five-year extension option. The property boasts a 22-foot ceiling height, one loading dock with one dock-high door, and was constructed in 2002. The tenant is responsible for interior maintenance, while the landlord covers roof and structural repairs and property taxes. The tenant has invested significantly in building improvements, suggesting strong long-term occupancy potential. The expansive lot size allows for potential future expansion, with space for an additional +/- 10,000 square-foot structure, potentially even larger if the existing office building is replaced. Situated in Saratoga County, known for its thriving economy and high quality of life, this property presents a rare opportunity to acquire a well-located, income-producing industrial asset with significant upside potential. The property consists of two buildings across two stories.
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Location Insight
- Map
- Local Demand
- City
- Saratoga Springs
- County
- Saratoga
- State
- New York
- Longitude
- -73.8144
- Latitude
- 43.06
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
