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108-114 Congress St 4,228 SF 100% Leased Retail Building Saratoga Springs, NY 12866 $2,720,640 CAD ($643.48 CAD/SF)



Executive Summary
Located in the heart of Saratoga Springs' vibrant Urban Core (UC) District - T-6, this property offers unmatched potential in one of the city's most desirable zones. The UC District allows for the highest intensity and diversity of uses, including mixed-use, residential, and commercial developments--all while promoting walkability and timeless downtown design. With up to 80,000± SF of potential new construction if the existing building is removed, or approximately 45,000± SF if you build around the current structure, the possibilities are endless. Envision luxury apartments, modern condos, boutique retail, or Class-A office space--all steps from Broadway, Congress Park, and Saratoga's finest dining and entertainment. A rare chance to shape the next landmark in Saratoga's historic downtown! The price includes the 2nd level above the restaurant is available to lease out for either office space or residential. Business available for purchase separately or with the property. Development Opportunity (Maximum Building Height 70', up to 85' w/Height Bonuses)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,228 SF
Building Class
B
Year Built
2005
Price
$2,720,640 CAD
Price Per SF
$643.48 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.37 AC
Zoning
mixed - Located on a high-visibility corner just off Broadway, this offering includes two parcels: a 4,228 sq. ft. mixed-use building & a private parking lot
Parking
20 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
161’ on Congress
Walk Score®
Walker's Paradise (95)
Nearby Major Retailers
Property Taxes
| Parcel Number | 411501-165-066-0002-109-000-0000 | Improvements Assessment | $313,554 CAD |
| Land Assessment | $133,039 CAD | Total Assessment | $446,593 CAD |
Property Taxes
Parcel Number
411501-165-066-0002-109-000-0000
Land Assessment
$133,039 CAD
Improvements Assessment
$313,554 CAD
Total Assessment
$446,593 CAD
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108-114 Congress St
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