$490,000
Saratoga Springs, Inside, NY 12866
MLS# 202223254
Status: Closed
8000 sqft
1 / 18
Property Description
Turn Key Space! Must purchase existing business & FFE for $325K to obtain lease @ $2750/mo gross 3+ year lease term w escalations. One of the last neighborhood market/delis in Saratoga Springs - The Little Market at Five Points is perfectly situated between downtown and the racetrack. Fully renovated in 2020, this turn key space is thriving and ready for a new tenant. NDA under docs for FFE and P&L of existing business. Building sale would be considered by ownership with purchase of business and signing of new lease. Call LA for details.
Details
Maps
Contract Information
Original List Price: 2750
Lease Per SqFt or Month?: Month
Lease Term: See Remarks
List Price/Acres: 916666.67
Sold Price/Acres: 2722222.22
Status: Closed
Property Sub Type: Business
Sold Price: $490,000
Current Price: $490,000
Listing Contract Date: 2022-07-21
Location
City/Town (Mail): Saratoga Springs
Cross Street: lincoln av
Street Number: 42
Street Name: Park
Street Suffix: Place
County: Saratoga
State/Province: NY
Postal Code: 12866
Geo Lat: 43.073945
Geo Lon: -73.780991
Property Detail
Year Established: 2002
Stories: 2
Number Of Buildings: 1
Business Name: The Little Market @ Five Points
Parking Y/N: Yes
Lot Size Square Feet: 0.18
Zoning: Commercial
Lot Size Acres: 0.18
Building Area Total: 8000
Building Available SQFT: 2500
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1902
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 165.84-1-45
Tax Annual Amount: 0
Total Taxes Description: Estimated
School District: Saratoga Springs
High School: Saratoga Springs
Association Y/N: No
Directions & Remarks
Directions: Rpute 9 South Broadway, East On Lincoln Av To 5 Points Corner
Public Remarks: Turn Key Space! Must purchase existing business & FFE for $325K to obtain lease @ $2750/mo gross 3+ year lease term w escalations. One of the last neighborhood market/delis in Saratoga Springs - The Little Market at Five Points is perfectly situated between downtown and the racetrack. Fully renovated in 2020, this turn key space is thriving and ready for a new tenant. NDA under docs for FFE and P&L of existing business. Building sale would be considered by ownership with purchase of business and signing of new lease. Call LA for details.
Sewer
Public Sewer: 1
Current Use
Apartment Plus: 1
Convenience Store: 1
Multi-Family: 1
Restaurant: 1
Retail: 1
Architectural Style
Commercial: 1
Grocery: 1
Mixed Use: 1
Other: 1
Restaurant: 1
Retail: 1
Cooling
Wall Unit(s): 1
Listing Terms
Cash: 1
Lease Option: 1
Lease Purchase: 1
Other: 1
Basement
Full: 1
Unfinished: 1
Building Detail
Retail Available SQFT: 2500
Retail Ceiling Height: 9
Construction Materials
Brick: 1
Business Type
Convenience Store: 1
Deli/Catering: 1
Food & Beverage: 1
Mixed: 1
Rental: 1
Restaurant: 1
Retail: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Forced Air: 1
Lease Includes
Business & Building: 1
Parking Features
Parking Total: 8
Off Street: 1
On Street: 1
Private: 1
Public Parking: 1
Possible Use
Apartment Plus: 1
Mixed: 1
Restaurant: 1
Retail: 1
Convenience Store: 1
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Status Change Info
Status Change Date: 2022-10-17
Under Contract Date: 2022-10-17
Sold Date: 2023-01-11
Sold Price: $490,000
Property Features
Architectural Style: Commercial; Grocery; Mixed Use; Restaurant; Retail; Other
Basement: Full; Unfinished
Construction Materials: Brick
Cooling: Wall Unit(s)
Current Use: Apartment Plus; Convenience Store; Multi-Family; Restaurant; Retail
Business Type: Convenience Store; Deli/Catering; Food & Beverage; Mixed; Rental; Restaurant; Retail
Heating: Forced Air
Lease Includes: Business & Building
Listing Terms: Cash; Lease Option; Lease Purchase; Other
Parking Features: Off Street; On Street; Private; Public Parking
Possible Use: Apartment Plus; Mixed; Restaurant; Retail; Convenience Store
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water
Water Source: Public
Listing Courtesy of Julie & Co Realty LLC
Listing Agent: JoAnn Potrzuski Cassidy
518-470-3281 | joannpcassidy@gmail.com
518-470-3281 | joannpcassidy@gmail.com
