588 Lake Avenue Saratoga Springs, NY ^$ 399,000

588 Lake Avenue

^$ 399,000

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588 Lake Avenue

Saratoga Springs, NY, 12866

^$ 399,000

Bedrooms-- Baths1.0 Sq 1,444

Monthly Estimate*

^$ 2,457

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Commercial Property for sale in Saratoga Springs, NY

for $399,000 with 1 full bath. This 1,444 square foot building was built in 1960 on a lot size of 2.34.

Rare opportunity to acquire either a turnkey restaurant property on Lake Avenue in Saratoga Springs OR ideal as a seasonal destination business, OR reimagine the property as an event venue, redevelopment project, OR potential subdivision into three building lots backed up to beautiful open field. The offering includes three deeded lots and a fully equipped restaurant with all furniture, fixtures, and equipment (FF&E) included, featuring a walk-in cooler, smoker, and ample on-site parking for approximately 85 vehicles. A prime location at the Gateway to Saratoga, with flexible use potential and exceptional upside. 6 minutes to downtown Saratoga Springs.

Commercial Active

Price

^$ 399,000

Full Bath

Property Type

Commercial

Taxes

^$ 6,271

Style

Office

Lot Size

2.34

Year Built

1960

Town/City

Saratoga Springs

County/Region

Saratoga

MLS | Web ID

202611981

Features

Interior

Interior Amenities Solid Surface Counters

Basement None

Flooring Vinyl

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 1

General

Sewer Septic Tank

Heating Forced Air

Cooling Central Air

Possession At Closing

Roof Asphalt

Zoning Commercial

Architectural Style Office

Construction Materials Wood Siding

Year Built 1960

Electric 200+ Amp Service

Stories Count 1

Property Subtype Mixed Use

Current Use Business Land Mixed Use Restaurant

County Saratoga

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Possible Use Business Land Mixed Office Restaurant Other Subdividable

Other Structures Shed(s)

Status Active

Directions Exit 14 or Exit 15 to Lake Avenue (Rt 29) Pass Stewarts on the right. 588 Lake Avenue

High School Saratoga Springs

City Saratoga Springs

High School District Saratoga Springs

Lot Size Units Acres

Lot Size Square Feet 101930.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 6271.0

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 64.000

Exterior

Exterior Amenities Gas Grill

Parking Features Off Street

Lot Features Road Frontage Wooded Cleared

Water Source Well

Total Parking 85.0

Inclusions Building & Land

Lot Size Area 2.34

Number of Buildings 1

Spa N

Building Area Total 1444.0

Lot Dimensions 431.7 FF

Lot Size Acres 2.34

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 588

* Excluded Features

List By

Elizabeth Page

Listing Agent

Kw Platform

Broker

(518) 573-1112

Phone

elizabethpage@kw.com

Affordability Calculator

$2,979

Per Month

Monthly Principal & Interest: $2,457
Monthly Property Taxes: $523
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$1,560,912

Percent of Sale Price 291%

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
2/13/2026	$399,000		Listed Price

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588 Lake Avenue, Saratoga Springs, NY, 12866 is a Commercial Property for sale at $399,000 with 1,444 sqft and a lot size of 2.34. 588 Lake Avenue has 1.0 baths and was built in 1960. 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 6.25% 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 2/21/2026.

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588 Lake Avenue

Commercial Property for sale in Saratoga Springs, NY

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