3 Franklin Square Saratoga Springs, NY ^$ 3,450,000

3 Franklin Square

^$ 3,450,000

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3 Franklin Square

Saratoga Springs, NY, 12866

^$ 3,450,000

Studio Baths0.0 Sq 6,079

Monthly Estimate*

^$ 24,099

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Studio

Commercial Property for sale in Saratoga Springs, NY

for $3,450,000. This 6,079 square foot building was built in 1836 on a lot size of 0.35.

Investors, are you on the lookout for a unique opportunity in the bustling heart of Downtown Saratoga with ample private parking? Look no further than the trio of properties at 3 Franklin Sq, 6 Butler Pl, & 8 Butler Pl. This package deal offers a blend of history, charm, & modern amenities, making it an attractive option for those seeking a prime location with character. The properties, zoned UC, T6, present a range of possibilities for permitted uses to name a few, a hotel, medical/dental office, retail, restaurant, and more. Each building within this package exudes its own architectural flair. Purchase price of $3,450,000 includes SBL 165.59-1-84 (3 Franklin), SBL 165.59-1-86 (6 Butler Pl) and SBL 165.59-1-87 (8 Butler Pl)

Commercial Active

Price

^$ 3,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 23,436

Style

Office,Commercial

Lot Size

0.35

Year Built

1836

Town/City

Saratoga Springs

County/Region

Saratoga

MLS | Web ID

202412368

Features

General

Interior Features High Speed Internet Built-in Features Cathedral Ceiling(s)

Sewer Public Sewer

Heating Forced Air

Cooling Central Air

Possession At Closing

Zoning Commercial

Architectural Style Office Commercial

Construction Materials Wood Siding

Year Built 1836

Stories 2

Property SubType Mixed Use

Current Use Office

County Saratoga

New Construction N

Property Type Commercial Sale

HOA / Comm Assn N

Attached Garage N

Possible Use Hotel/Motel Office Office/Retail Restaurant Retail Medical/Dental

Status Active

Directions Broadway in Downtown Saratoga Springs to Division St cross Railroad place onto Franklin Sq.

High School Saratoga Springs

City Saratoga Springs

Buyer Agent Compensation 2.50

View Y/N N

High School District Saratoga Springs

Lot Size Square Feet 15246.0

Waterfront Y/N N

Carport Y/N N

Street Name Franklin

Land Lease Y/N N

Tax Annual Amount 23436.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 64

Standard Status Active

Tax Assessed Value 0

Tax Lot 84

Buyer Agent Compensation Type %

Senior Community None

Interior

Basement Finished Full Other

Flooring Carpet

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Street Suffix Square

Electric On Property Y/N N

Total Baths 0

Exterior

Parking Features Off Street Paved Private

Water Source Public

Total Parking 13.0

Inclusions {u'Building & Land': True}

Lot Size Area 0.35

Number of Buildings 3

Spa N

Building Area Total 6079.0

Lot Dimensions 67x126

Lot Size Acres 0.35

Lot Size Units Acres

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3

* Excluded Features

List By

Amy Farchione-Sgromo

Listing Agent

Julie & Co Realty, Llc

Broker

(315) 863-2777

Phone

amy@juliecorealty.com

Affordability Calculator

$26,052

Per Month

Monthly Principal & Interest: $24,099
Monthly Property Taxes: $1,953
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Saratoga Springs, NY

Average List Price ^$1,891,312

Percent of Sale Price 45%

About Saratoga Springs, NY

27,696 Population

6% Since 2002

^$76,441 Median Income

40.65 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853435 Elementary School

853244 Middle School

Saratoga Springs High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/22/2024	$3,450,000		Listed Price

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3 Franklin Square, Saratoga Springs, NY, 12866 is a Commercial Property for sale at $3,450,000 with 6,079 sqft and a lot size of 0.35. 3 Franklin Square is a studio with 0.0 baths and was built in 1836. The property's zip code is 12866 which is in Saratoga Springs, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 4/30/2024.

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3 Franklin Square

Commercial Property for sale in Saratoga Springs, NY

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