59 Lake Avenue, Saratoga Springs, NY 12866 (MLS# 202326049)


$150,000
59 Lake Avenue
Saratoga Springs, NY 12866
MLS# 202326049
Status: Closed
1 baths  |  4160 sqft


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Property Description
Rare opportunity to own an established wine and liquor business nestled in the heart of Downtown Saratoga Springs, NY. Situated on a corner lot amongst hotels, condominium buildings, and just two blocks from Broadway customers are drawn in by its convenience, visibility, charm and sophistication. In addition to rooftops and foot traffic, Lake Ave (Rt. 29) has over 10,000 vehicles per day passing by this ideal location. The store's ambiance is rich and inviting encouraging browsing of its selections including a temperature controlled fine wine room. Benefit immediately from Kane's 10 year reputation for quality and service, a long term lease, and convenient onsite parking.

Details
Maps
Contract Information
Original List Price: 299000
List Price/SqFt: 55.26
Sold Price/SqFt: 36.06
List Price/Acres: 1149500
Sold Price/Acres: 750000
Status: Closed
Property Sub Type: Business
Sold Price: $150,000
Listing Contract Date: 2023-10-05
Current Price: $150,000
Location
City/Town (Mail): Saratoga Springs
Street Number: 59
Street Name: Lake
Street Suffix: Avenue
County: Saratoga
State/Province: NY
Postal Code: 12866
Geo Lat: 43.082957
Geo Lon: -73.781866
Property Detail
Year Established: 2014
Stories: 2
Number Of Buildings: 1
Business Name: Kane's Fine Wine & Spirits
Parking Y/N: Yes
Lot Size Square Feet: 8712
Zoning: Commercial
Lot Size Dimensions: 110x75
Lot Size Acres: 0.2
Building Area Total: 4160
Building Available SQFT: 3260
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Year Built: 1965
Bathrooms Total: 1
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 165.52-3-28
Tax Annual Amount: 12325
Tax Section: 52-3
Total Taxes Description: Estimated
Tax Block: 165
Tax Lot: 28
School District: Saratoga Springs
High School: Saratoga Springs
Association Y/N: No
Directions & Remarks
Directions: From Broadway in Saratoga, east on Lake Ave (Rt. 29) two blocks to corner of Henry and Lake, property on left.
Public Remarks: Rare opportunity to own an established wine and liquor business nestled in the heart of Downtown Saratoga Springs, NY. Situated on a corner lot amongst hotels, condominium buildings, and just two blocks from Broadway customers are drawn in by its convenience, visibility, charm and sophistication. In addition to rooftops and foot traffic, Lake Ave (Rt. 29) has over 10,000 vehicles per day passing by this ideal location. The store's ambiance is rich and inviting encouraging browsing of its selections including a temperature controlled fine wine room. Benefit immediately from Kane's 10 year reputation for quality and service, a long term lease, and convenient onsite parking.
Sewer
Public Sewer: 1
Association Amenities
None: 1
Current Use
Retail: 1
Architectural Style
Mixed Use: 1
Traditional: 1
Electric
200+ Amp Service: 1
Cooling
Central Air: 1
Listing Terms
Other: 1
Basement
None: 1
Lot Features
Corner Lot: 1
Building Detail
Fire Sprinkler System Y/N: No
Building Ceiling Height: 10
Retail Total SQFT: 3260
Construction Materials
Frame: 1
Possession
At Closing: 1
Business Type
Liquor Store: 1
Exterior Features
None: 1
Flooring
Vinyl: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Other Equipment
None: 1
Parking Features
Parking Total: 13
Paved: 1
Private: 1
Possible Use
Retail: 1
Sale Includes
Other: 1
Security Features
Smoke Detector(s): 1
Tenant Pays
Electricity: 1
Gas: 1
Status Change Info
Status Change Date: 2025-05-11
Under Contract Date: 2024-11-13
Sold Date: 2025-05-09
Sold Price: $150,000
Property Features
Architectural Style: Mixed Use; Traditional
Association Amenities: None
Basement: None
Construction Materials: Frame
Cooling: Central Air
Current Use: Retail
Business Type: Liquor Store
Electric: 200+ Amp Service
Exterior Features: None
Flooring: Vinyl
Heating: Forced Air; Natural Gas
Listing Terms: Other
Lot Features: Corner Lot
Other Equipment: None
Parking Features: Paved; Private
Possession: At Closing
Possible Use: Retail
Roof: Asphalt
Sale Includes: Other
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Occupied
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas
Water Source: Public

IDX
Listing Courtesy of Roohan Realty
Listing Agent: Cynthia D Hollowood
518-207-7682 | cindyhollowood@gmail.com

Information deemed reliable but not guaranteed.