195 & 188 S Broadway, Saratoga Springs, NY 12866 (MLS# 202324671)


$2,070,000
195 & 188 S Broadway
Saratoga Springs, NY 12866
MLS# 202324671
Status: Closed



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Property Description
OWNER SAYS SELL!!! OWNER READY TO RETIRE. 2 prime locations on S'Bway. These two Motels are both fully operational and continue to be a preferred spot throughout the year, especially during Track Season. ST. FRANCIS-11 units, 10 efficiencies, 1 apartment. 6900 sq ft building, Zoned T-5 ST. CHARLES-18 units, 13 rooms, 5 efficiencies, 5500 sq ft, Zoned T-5. Owner prefers to sell as a package deal. ALSO Includes a single family home, 3br, 2 bath, 3 Whitney Plc.

Details
Maps
Contract Information
Original List Price: 8000000
Lease Considered: No
List Price/Acres: 8823529.41
Sold Price/Acres: 6088235.29
Status: Closed
Property Sub Type: Hotel-Motel
Sold Price: $2,070,000
Listing Contract Date: 2023-09-13
Current Price: $2,070,000
Location
City/Town (Mail): Saratoga Springs
Cross Street: Lincoln
Street Number: 195 & 188
Street Direction Prefix: S
Street Name: Broadway
County: Saratoga
State/Province: NY
Postal Code: 12866
Geo Lat: 43.073915
Geo Lon: -73.787876
Property Detail
Stories: 2
Number Of Buildings: 3
Business Name: St Charles, St Francis
Parking Y/N: Yes
Lot Size Square Feet: 12632
Zoning: Commercial
Lot Size Dimensions: 100x130
Lot Size Acres: 0.34
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Year Built: 1975
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 165.83-1-38/165.83-2-55
Tax Annual Amount: 50500
Tax Section: 1
Total Taxes Description: Estimated
Tax Block: 165
Tax Lot: 38
School District: Saratoga Springs
High School: Saratoga Springs
Association Y/N: No
Directions & Remarks
Directions: S B'Way, next to the McDonalds & and the corner of S B'Way and Lincoln
Public Remarks: OWNER SAYS SELL!!! OWNER READY TO RETIRE. 2 prime locations on S'Bway. These two Motels are both fully operational and continue to be a preferred spot throughout the year, especially during Track Season. ST. FRANCIS-11 units, 10 efficiencies, 1 apartment. 6900 sq ft building, Zoned T-5 ST. CHARLES-18 units, 13 rooms, 5 efficiencies, 5500 sq ft, Zoned T-5. Owner prefers to sell as a package deal. ALSO Includes a single family home, 3br, 2 bath, 3 Whitney Plc.
Sewer
Public Sewer: 1
Architectural Style
Commercial: 1
Motel: 1
Cooling
Window Unit(s): 1
Basement
Partial: 1
Construction Materials
Brick: 1
Possession
At Closing: 1
Showing Requirements
Agent to Accompany: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Shingle: 1
Water Source
Public: 1
Heating
Baseboard: 1
Electric: 1
Natural Gas: 1
Parking Features
Parking Total: 20
Sale Includes
Building & Land: 1
Business & Building: 1
Status Change Info
Status Change Date: 2024-03-06
Under Contract Date: 2024-01-04
Sold Date: 2024-03-05
Sold Price: $2,070,000
Property Features
Architectural Style: Commercial; Motel
Basement: Partial
Construction Materials: Brick
Cooling: Window Unit(s)
Heating: Baseboard; Electric; Natural Gas
Possession: At Closing
Roof: Rubber; Shingle
Sale Includes: Building & Land; Business & Building
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Call Listing Agent
Special Listing Conditions: Standard
Water Source: Public

IDX
Listing Courtesy of Mark Richardson LREB
Listing Agent: Mark J Richardson
518-466-9663 | mrichard@nycap.rr.com
Source MLS Verified

Information deemed reliable but not guaranteed.