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1192 Route 9P

2,464 SF 100% Leased Office Building Saratoga Springs, NY 12866 £1,564,900 (£635/SF)

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Executive Summary

Let Saratoga Lake be your inspiration for redeveloping this 9-lot / 2.31 total acre offering in a prime shoreline location on 9P. This is a rare opportunity to transform the highly desirable east side of Saratoga Lake on the site of the Saratoga Lake Motel. An 8-unit motel, cottage and house sit on three of the lots (10, 11 and 12) totaling 1 acre. 82 Rodgers Lane (lots 15, 8, 7) is just over half an acre and connects to town sewer. Additional 3 lots offer 50-ft of waterfront for the potential of two new structures. Killer sunset views and amazing lake access. Come survey the parcels and let your ideas flow for bringing new life and value to this very special setting

Property Facts

Sale Type

Investment

Property Type

Office

Building Size

2,464 SF

Building Class

Year Built

1960

Price

£1,564,900

Price Per SF

£635

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Typical Floor Size

1,232 SF

Building FAR

0.02

Lot Size

2.31 AC

Zoning

mixed - mixed

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 415089-206-006-0002-011-000-0000 415089 206.6-2-10	Improvements Assessment	£149,839
Land Assessment	£64,317	Total Assessment	£214,157