$490,000
Ballston Spa, NY 12020
MLS# 202526141
Status: Closed
4 baths | 3048 sqft

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Property Description
Located on one of the busiest streets in the Village of Ballston Spa, this well-maintained mixed-use commercial building offers a rare opportunity for investors or owner-occupants. The property features two street-level retail spaces and two residential apartments on the second floor, all fully rented with a total monthly income of $4,400. Annual expenses are low at just $15,885, and all utilities are separately metered except for water and sewer. The property includes off-street parking in the back as well as a small detached garage. The building is in excellent condition with minimal maintenance required, making it truly turn-key. Front St is a busy location with many popular shops & eateries and this location is directly across from the Ballston Spa National Bank that is currently undergoing a full renovation. This location is poised for continued growth in visibility and value. Whether you're looking to occupy part of the space yourself or simply enjoy steady rental income, this property presents a strong and flexible investment opportunity in a vibrant and growing community.
Details
Maps
Documents
Contract Information
Original List Price: 695000
List Price/SqFt: 196.82
Sold Price/SqFt: 160.76
List Price/Acres: 5453636.36
Sold Price/Acres: 4454545.45
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $490,000
Listing Contract Date: 2025-09-18
Current Price: $490,000
Location
City/Town (Mail): Ballston Spa
Street Number: 88-90
Street Name: Front
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12020
Geo Lat: 43.002567
Geo Lon: -73.851787
Property Detail
Stories: 2
Number Of Buildings: 2
Parking Y/N: Yes
Lot Size Square Feet: 4791
Zoning: Commercial
Lot Size Dimensions: 36x124
Lot Size Acres: 0.11
Building Area Total: 3048
Year Built: 1900
Bathrooms Total: 4
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 414201 216.32-1-109
Tax Annual Amount: 9208
Tax Section: 216.32
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 115
Directions & Remarks
Directions: Milton Ave to Front St
Public Remarks: Located on one of the busiest streets in the Village of Ballston Spa, this well-maintained mixed-use commercial building offers a rare opportunity for investors or owner-occupants. The property features two street-level retail spaces and two residential apartments on the second floor, all fully rented with a total monthly income of $4,400. Annual expenses are low at just $15,885, and all utilities are separately metered except for water and sewer. The property includes off-street parking in the back as well as a small detached garage. The building is in excellent condition with minimal maintenance required, making it truly turn-key. Front St is a busy location with many popular shops & eateries and this location is directly across from the Ballston Spa National Bank that is currently undergoing a full renovation. This location is poised for continued growth in visibility and value. Whether you're looking to occupy part of the space yourself or simply enjoy steady rental income, this property presents a strong and flexible investment opportunity in a vibrant and growing community.
Sewer
Public Sewer: 1
Current Use
Mixed Use: 1
Retail: 1
Architectural Style
Commercial: 1
Mixed Use: 1
Retail: 1
Traditional: 1
Electric
Circuit Breakers: 1
Financial Details
General Taxes: 2199
General Taxes Description: Estimated
School Taxes: 7009
School Taxes Description: Estimated
Cooling
Central Air: 1
Basement
Full: 1
Unfinished: 1
Walk-Out Access: 1
Construction Materials
Brick: 1
Vinyl Siding: 1
Other Structures
Outbuilding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Subject To Tenant Rights: 1
Business Type
Retail: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Showing Requirements
Agent to Accompany: 1
Occupied: 1
Showing Service: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Paddle Fan: 1
Vaulted Ceiling(s): 1
Parking Features
Parking Total: 3
Detached: 1
Gravel: 1
Patio And Porch Features
Porch: 1
Possible Use
Business: 1
Mixed: 1
Office: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Multi-Family: 1
Sale Includes
Building & Land: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Internet: 1
Status Change Info
Status Change Date: 2026-05-18
Under Contract Date: 2026-02-26
Sold Date: 2026-05-15
Sold Price: $490,000
Property Features
Architectural Style: Commercial; Mixed Use; Retail; Traditional
Basement: Full; Unfinished; Walk-Out Access
Construction Materials: Brick; Vinyl Siding
Cooling: Central Air
Current Use: Mixed Use; Retail
Business Type: Retail
Electric: Circuit Breakers
Flooring: Carpet; Laminate; Vinyl
Heating: Forced Air; Natural Gas
Interior Features: Paddle Fan; Vaulted Ceiling(s)
Other Structures: Outbuilding
Parking Features: Detached; Gravel
Patio And Porch Features: Porch
Possession: At Closing; Subject To Tenant Rights
Possible Use: Business; Mixed; Office; Office/Retail; Restaurant; Retail; Multi-Family
Roof: Rubber
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Occupied; Showing Service
Tenant Pays: Cable TV; Electricity; Gas; Heat; Internet
Water Source: Public
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: Christian Klueg
518-332-0218 | cklueg@gmail.com
518-332-0218 | cklueg@gmail.com


Expenses