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    OFF-MARKET
    Commercial real estate

    54 Phila St, Saratoga Springs, NY 12866

    266,635 SF 0.08 ac lot Built 2010
    Property ID
    US63-5189764
    Property summary
    AI-generated overview

    This exceptional Class A retail space, located at 54 Phila Street in Saratoga Springs, NY, presents a unique opportunity for a discerning restaurant operator. The property, built in 2010, boasts 3,587 square feet within a larger 266,635 square foot building situated on a 3,485 square foot lot (0.08 acres). The single-tenant space is ideally suited for a restaurant, offering ample natural light and seating for approximately 100 patrons. Its prime location in a vibrant dining district, directly across from the historic Cafe' Lena music venue, ensures high visibility and foot traffic. While the building itself does not offer on-site parking, convenient public parking is available immediately adjacent to the property, with an additional parking garage located just one block away. The building features four stories, elevators, and is zoned for mixed use. The property's address is 54 Phila Street, Saratoga Springs, NY 12866, with a cross street of Henry Street and an APN of 165.68-4-101 in Saratoga County. This is a rare chance to establish a thriving business in one of New York's most desirable locations. The building's size and location make it an ideal space for a restaurant looking to expand or a new business seeking a high-traffic area. The mixed-use zoning offers flexibility for future expansion or adaptation.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2010
    Total area 266,635 SF
    Lot 0.08 ac (3,485 SF)
    UPID US63-5189764
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Phila Fusion Noodle Bar Restaurant
    • Terrace Homebuilders Construction Company
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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