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2968 Route 9

16.01 Acres of Commercial Land Offered at £860,695 in Malta, NY 12020

Investment Highlights

  • Directly off Exit 13N of I-87 Northway in Saratoga County.
  • Great Development Opportunity.

Executive Summary

The best opportunity in Saratoga/Malta, NY. It is located on Route 9(South Broadway) directly off Exit 13N of I-87 Northway in Saratoga County. The beautiful piece of property boasts 16+- acres. Great location with visibility with 248+- route 9 frontage. Two ingress and three egress to NYS Route 9 from south and north of NYS Route 9. This former site of the Thorobred Motel is ripe for re-development for a variety of uses, including franchise or boutique hotel, senior housing, retail and multiple of commercial uses. Close to racetrack, racino & raceway, SPAC, state park, golf, downtown, Saratoga Springs & Global Foundries/Luther Forest Tech Park of Malta. Property has 3 wells and electric.

Property Facts

Price £860,695
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Hotel
  • Self Storage
Total Lot Size 16.01 AC

1 Lot Available

Lot

Price £860,695
Price Per AC £53,760
Lot Size 16.01 AC

Irregular Lot, Road Frontage, Wetlands, Wooded

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
414089-191-000-0001-004-000-0000
Land Assessment
£156,490
Improvements Assessment
£0
Total Assessment
£156,490

zoning

Zoning Code Commercial (Commercial uses)
Commercial (Commercial uses)
  • Listing ID: 32730732

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 2968 Route 9, Malta, NY 12020

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