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Villa Balsamo 2255 Ballston Ave 10,000 SF Retail Building Saratoga Springs, NY 12866 $4,841,863 CAD ($484.19 CAD/SF)



INVESTMENT HIGHLIGHTS
- Full Restaurant Kitchen
- 9 Bedrooms
- FFE included
- Large dining room
- 9 Bathrooms
- 14 acres with 3 spring fed ponds and room to build additional buildings.
EXECUTIVE SUMMARY
Move into a world of timeless elegance & historical charm with Villa Balsamo, now available for purchase. Nestled on over 14 acres, this magnificent estate features one of the finest mansions from the early 19th century. Once a renowned seasonal restaurant, Villa Balsamo was a beloved destination for those seeking to experience Saratoga's summer allure & gourmet dining. Now, this unique property is ready for your vision, offering endless possibilities for transformation. Whether you dream of creating a luxurious private residence, a boutique restaurant, Wedding and Events Venue, horse stable, an educational institution, a cozy bed and breakfast, or a grand compound for relatives, Villa Balasamo can accommodate your aspirations. The estate also boasts three tranquil, spring-fed ponds that add to its serene ambiance, 9 bedrooms, 9 Bathrooms and full restaurant kitchen, and dining room complete with tables and chairs.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,000 SF
Building Class
B
Year Built
1940
Price
$4,841,863 CAD
Price Per SF
$484.19 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.02
Lot Size
14.19 AC
Zoning
RR1 - Zoned RR1. see use chart attached
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
86’ on Ballston Ave
PROPERTY TAXES
| Parcel Number | 411589-190-000-0002-023-000-0000 | Improvements Assessment | $924,346 CAD |
| Land Assessment | $825,884 CAD | Total Assessment | $1,750,229 CAD |
PROPERTY TAXES
Parcel Number
411589-190-000-0002-023-000-0000
Land Assessment
$825,884 CAD
Improvements Assessment
$924,346 CAD
Total Assessment
$1,750,229 CAD
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Villa Balsamo | 2255 Ballston Ave
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