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    OFF-MARKET
    Investment properties

    7 Un St, Ballston Spa, NY 12020-1238

    2,538 SF 0.26 ac lot Built 1968
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-0882620
    Property summary
    AI-generated overview

    This exceptional 2,538 square foot office building in Ballston Spa, NY, presents a unique sale-leaseback opportunity. Located at 7 Union Street, this single-story, 1968-constructed building sits on a 0.26-acre lot and is zoned for commercial use. The property features two units, currently 100% occupied by multiple tenants under a multi-tenant lease. The asking price is $450,000, translating to $177.30 per square foot. The property's parcel number is 203.72-2-15. This sale includes a proposed 5-year leaseback agreement, providing a secure income stream for the buyer. The building has undergone recent renovations, enhancing its appeal and functionality. The property's versatility makes it suitable for various office uses, including executive, medical, and traditional office spaces. This is an excellent investment opportunity for those seeking a stable, income-generating asset in a desirable location. The building's single-story design and convenient location in Saratoga County offer ease of access and operational efficiency. This sale-leaseback arrangement offers a compelling blend of immediate return and long-term growth potential. Don't miss this chance to acquire a well-maintained, fully occupied commercial property in the thriving Ballston Spa market.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1968
    Total area 2,538 SF
    Lot 0.26 ac (11,326 SF)
    Zoning code R-1
    APN 414201 203.72-2-15
    UPID US63-0882620
    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
    • Beltone Hearing Care Center Hearing Aid Store Audiologist
    • Rademacher Diane K DDS Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    S & M Upstate Prop LLC · 1 yrs held
    S & M Upstate Prop LLC
    since 2025
    Last sale
    $420,000
    4 recorded transactions
    2025
    $420,000
    2009
    2009
    $139,000
    2009
    $750
    Zoning & alternative use
    R-1 · Ballston Spa, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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