Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
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Construction Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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