For Sale
$3,450,000

3 Franklin Sq Saratoga Springs, NY 12866

Historic Office Buildings, 10,103 SF

Overview

Added:
Dec 11, 2024
Days on market:
133
Investors, seize this exceptional opportunity to acquire three contiguous properties in the vibrant heart of Saratoga Springs, NY. This package deal, priced at $3,450,000, encompasses 10,103 square feet of net rentable space across three buildings: 3 Franklin Square, 6 Butler Place, and 8 Butler Place. Currently 100% occupied, the properties boast a unique blend of historical charm and modern amenities, offering significant upside potential. The buildings, situated on parcels SBL 165.59-1-84, SBL 165.59-1-86, and SBL 165.59-1-87, are zoned UC and T6, allowing for a diverse range of permitted uses, including but not limited to hotel, medical/dental offices, retail, and restaurants. Each building showcases distinct architectural character, adding to the overall appeal and investment value. Ample private parking is available, a significant advantage in this desirable downtown location. The asking price of $341.48 per square foot reflects a compelling investment opportunity in a thriving New York market. This is a rare chance to own a portfolio of properties with significant historical significance and strong future prospects. Contact us today to learn more about this exceptional offering.

Highlights

  • $3,450,000 asking price for three office buildings totaling 10,103 square feet.
  • 100% occupancy.
  • Located at 3 Franklin Square, Saratoga Springs, NY 12866.
  • Three buildings included in sale: 3 Franklin Sq, 6 Butler Pl, & 8 Butler Pl.
  • Zoned UC, T6, allowing for various uses including hotel, medical/dental, retail, and restaurant.

Property Details for 3 Franklin Sq

Property type
Office properties
Square Feet
10,103 SF
Buildings
3

Location Insight

City
Saratoga Springs
County
Saratoga
State
New York
Latitude
43.0824299
Longitude
-73.7887392

FAQs

What type of property is this?
Office property - Historic Office Buildings, 10,103 SF
Where is the office property located?
The property is located at 3 Franklin Sq Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: $3,450,000 asking price for three office buildings totaling 10,103 square feet.; 100% occupancy.; Located at 3 Franklin Square, Saratoga Springs, NY 12866.
How can I contact the broker?
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3 Franklin Sq
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