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Listed by Charles B Goodridge • Julie & Co Realty LLC
$599,000
Est. payment /mo
3,952 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,952 sqft
Price per Sqft $151
MLS Listing ID 202626918
Annual Tax Amount $4,030
Lot Size 1.120 Acres
Acres 1.12
Lot Dimensions 200x200
Property Sub-Type Business
Source Global MLS
Property Description
High-visibility Route 50 development opportunity on 1.12 acres in the Town of Ballston Business District.Positioned along a heavily traveled commercial corridor with excellent exposure (estimated 12K-15K cars pass daily) and convenient access to Saratoga Springs Ballston Spa and Schenectady this property offers both immediate commercial potential and an opportunity to create something new. The existing building can be renovated and repositioned for continued commercial use, while the 1.12-acre site offers the potential for redevelopment. The Business District provides a broad range of possibilities, including retail, office, professional services, automotive service, restaurant and other commercial uses, as well as potential residential opportunities such as townhomes and senior housing, subject to applicable Town approvals. For an owner-user, investor or developer, 1414 Route 50 offers the opportunity to renovate the existing improvements or reimagine the entire site. With Route 50 visibility, 1.12 acres of land and flexible zoning, this is a property with the potential to support a variety of future concepts. A highly visible location with the land, zoning and flexibility to create significant value. Buyers should consult with the Town of Ballston regarding specific permitted uses, density, site-plan requirements, parking, setbacks and all other development approvals. Seller open to long term NNN lease.
Location
State NY
County Saratoga
Zoning Commercial
Direction Route 50 to Ballston Spa
Interior
Heating Radiant
Flooring Concrete
Inclusions Building & Land
Exterior
Parking Features Paved
Building
Lot Description Level
Sewer Septic Tank
Water Public
Architectural Style Commercial
New Construction No
Others
Tax ID 412089 228.-1-39
Special Listing Condition Standard
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