$3,200,000
Malta, NY 12020
MLS# 202324659
Status: Closed
29478 sqft
1 / 12
Property Description
Excellent retail/office opportunity in fast growing Malta with easy access to I-87 and Route 9, stone's throw to Global Foundries! Three buildings on a 5.29 acre parcel. One of 3 parcels for sale in fully occupied Parade Ground Village, can be purchased separately or together. Parade Ground Village is an attractive group of buildings with an excellent tenant mix. Underlying zoning for the site is DX-3 (Downtown Mixed Use) allowing for high density commercial and residential development. Parade Ground Village offers an opportunity to make a lucrative investment in fast growing community with global reach!
Details
Maps
Contract Information
Original List Price: 3950000
Lease Considered: No
List Price/SqFt: 129.76
Sold Price/SqFt: 108.56
List Price/Acres: 723062.38
Sold Price/Acres: 604914.93
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $3,200,000
Listing Contract Date: 2023-09-13
Current Price: $3,200,000
Location
City/Town (Mail): Malta
Cross Street: Rt 9
Street Number: 1
Street Name: Hemphill
Street Suffix: Place
County: Saratoga
State/Province: NY
Postal Code: 12020
Geo Lat: 42.969134
Geo Lon: -73.790032
Property Detail
Stories: 2
Number Of Buildings: 3
Business Name: Parade Ground Village
Parking Y/N: Yes
Lot Size Square Feet: 230432
Zoning: Commercial
Lot Size Dimensions: irreg
Lot Size Acres: 5.29
Building Area Total: 29478
Building Available SQFT: 0
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1989
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 414089 229.4-2-31
Tax Annual Amount: 55632
Tax Section: 2
Total Taxes Description: Estimated
Tax Block: 229.
Tax Lot: 31
School District: Ballston Spa
High School: Ballston Spa
Association Y/N: No
Directions & Remarks
Directions: Northway exit 12, east on Rt 67, cross Rt 9 onto Dunning then right on Hemphill Place
Public Remarks: Excellent retail/office opportunity in fast growing Malta with easy access to I-87 and Route 9, stone's throw to Global Foundries! Three buildings on a 5.29 acre parcel. One of 3 parcels for sale in fully occupied Parade Ground Village, can be purchased separately or together. Parade Ground Village is an attractive group of buildings with an excellent tenant mix. Underlying zoning for the site is DX-3 (Downtown Mixed Use) allowing for high density commercial and residential development. Parade Ground Village offers an opportunity to make a lucrative investment in fast growing community with global reach!
Sewer
Public Sewer: 1
Current Use
Other: 1
Medical/Dental: 1
Office: 1
Retail: 1
Architectural Style
Commercial: 1
Office: 1
Other: 1
Retail: 1
Electric
200+ Amp Service: 1
Cooling
Central Air: 1
Basement
Slab: 1
Construction Materials
Vinyl Siding: 1
Other: 1
Possession
Subject To Tenant Rights: 1
Other: 1
Showing Requirements
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Parking Features
Parking Total: 230
Off Street: 1
Paved: 1
Possible Use
Mixed: 1
Office: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Shopping Center: 1
Other: 1
Investment: 1
Medical/Dental: 1
Sale Includes
Building & Land: 1
Tenant Pays
Other: 1
Status Change Info
Status Change Date: 2025-08-01
Under Contract Date: 2025-02-25
Sold Date: 2025-07-31
Sold Price: $3,200,000
Property Features
Architectural Style: Commercial; Office; Retail; Other
Basement: Slab
Construction Materials: Vinyl Siding; Other
Cooling: Central Air
Current Use: Other; Medical/Dental; Office; Retail
Electric: 200+ Amp Service
Heating: Forced Air; Natural Gas
Parking Features: Off Street; Paved
Possession: Subject To Tenant Rights; Other
Possible Use: Mixed; Office; Office/Retail; Restaurant; Retail; Shopping Center; Other; Investment; Medical/Dental
Roof: Asphalt
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Other
Water Source: Public
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: Joel A Koval
518-466-5635 | joelkoval@howardhanna.com
518-466-5635 | joelkoval@howardhanna.com
