$ 399,000
-
$399,000
Price -
0
Bed -
1
Bath -
1,444
SqFt
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About the Listing o2015E - 32553
Rare opportunity to own 2.34 acres of land in high-visibly prime location at the Gateway to Saratoga Springs. Located only 6 minutes from downtown Saratoga Springs and the world-renowned Saratoga Race Course, this unique property offers exceptional potential for investors, developers, hospitality operators, equestrian enthusiasts, and entrepreneurs seeking a prime location near the area's thriving tourism and racing scene. Positioned on highly traveled Lake Ave/Route 29, the property provides outstanding visibility, strong traffic counts, and remarkable flexibility. The offering includes three deeded parcels, approximately 85 on-site parking spaces, and a grandfathered restaurant facility with all furniture, fixtures, and equipment (FF&E) included. Existing improvements also feature a walk-in cooler and smoker, creating immediate operational opportunities while preserving future development potential. Create a destination venue, develop an event, recreation or entertainment concept, establish an equestrian-related business, expand hospitality offerings, or continue operating as a turnkey restaurant or explore redevelopment opportunities, including the potential for subdivision into three separate building lots (subject to approvals). This property offers significant upside and long-term value in one of the Capital Region's most desirable markets.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Solid Surface Counters
- Water: Well
Exterior Details
- Lot Description: Road Frontage,Wooded,Cleared
- Garage Capacity: N/A
- Parking Spaces: 85
- Lot Dimensions: 431.7 FF
- Zoning: Commercial
- Roof: Asphalt
- Others: Gas Grill
- Sewer: Septic Tank
- Parking Features: Off Street
Financial Details
- Tax Amount: $6,271
- Taxes w/Assessments: N/A
- Tax/Property ID: 411589 167.-2-64
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
588 Lake Ave Saratoga Springs, NY 12866
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