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44 Lake Avenue Saratoga Springs, NY $ 499,000
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$ 499,000 Get more info
44 Lake Avenue
$ 499,000
Back to search
Share Save

44 Lake Avenue

Saratoga Springs, NY, 12866
$ 499,000
Bedrooms-- Baths2.0 Sq 6,861

Monthly Estimate*

$ 3,113

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Commercial Property for sale in Saratoga Springs, NY

for $499,000 with 2 full baths. This 6,861 square foot building was built in 1961 on a lot size of 0.36.

A rare chance to acquire a profitable, turnkey restaurant in the vibrant core of downtown Saratoga Springs. Ideally situated at Lake Avenue and Henry Street - just three blocks from Broadway - this 2,800± sq ft space offers prime visibility, strong foot traffic, and a loyal customer base. The sale includes all equipment, furnishings, and proprietary recipes for immediate operation. With seating for 70+, a fully equipped kitchen, and 13 dedicated parking spaces, this property ensures both convenience and charm. A stable NNN lease, low annual taxes, and growth potential through catering, events, or menu expansion make this a solid investment for operators and investors alike.

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Commercial Active

Price

$ 499,000

Full Bath

2

Property Type

Commercial

Taxes

$ 4,800

Style

Business

Lot Size

0.36

Year Built

1961

Town/City

Saratoga Springs

County/Region

Saratoga

MLS | Web ID

202528791
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession At Closing
Roof Rubber
Zoning Commercial
Construction Materials Brick
Year Built 1961
Tenant Pays Internet Sewer Telephone Water Cable TV Electricity Gas
Stories Count 1
Property Subtype Business
Current Use Restaurant
Business Type Restaurant
Business Name Scallions Restaurant
County Saratoga
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Restaurant Retail Tavern Tavern Plus
Status Active
Directions From downtown Broadway Saratoga Springs Turn East onto Lake Ave 0.1 mi Scallions Restaurant will be on the right 44 Lake Ave Saratoga Springs NY 12866
High School Saratoga Springs
City Saratoga Springs
High School District Saratoga Springs
Lot Size Units Acres
Lot Size Square Feet 73000.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4800.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Concessions Yes
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 67.001
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Exterior
Parking Features Off Street Paved Private On Street
Water Source Public
Total Parking 13.0
Inclusions Building Only
Lot Size Area 0.36
Number of Buildings 1
Spa N
Building Area Total 6861.0
Lot Dimensions -
Lot Size Acres 0.36
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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Internal Only
Street Number 1 44
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* Excluded Features
List By
Elizabeth Page

Listing Agent

Kw Platform

Broker

(518) 573-1112

Phone

elizabethpage@kw.com

Email

Affordability Calculator

$3,513
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$400
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
853435 Elementary School
853244 Middle School
Saratoga Springs High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$499,000 Listed Price

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44 Lake Avenue, Saratoga Springs, NY, 12866 is a Commercial Property for sale at $499,000 with 6,861 sqft and a lot size of 0.36. 44 Lake Avenue has 2.0 baths and was built in 1961. The property's zip code is 12866 which is in Saratoga Springs, NY

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