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Listed by Scott P Varley • KW Platform

$ 1,300,000

Est. payment | -/mo

0.3 Acres Lot

Save

$ 1,300,000

Est. payment | -/mo

Save

0.3 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202623184

HOA Y/N No

Annual Tax Amount $9,965

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Mixed Use

Source Global MLS

Property Description

Rare development opportunity in Saratoga Springs. This three-parcel assemblage totals approximately 0.79 acres and offers approximately 275 feet of frontage along West Avenue and approximately 125 feet along both Grand Avenue and West Circular Street. Located in the UN/T-4 Urban Neighborhood District, the property offers flexibility for residential or mixed-use development, subject to municipal review and approval. Unlike the zoning immediately north along West Avenue, the UN/T-4 District permits fully residential development without requiring first-floor commercial space, eliminating the need for a commonly sought special use zoning variance. The district permits a maximum building height of 40 feet and maximum impervious coverage of 75%. Preliminary analysis indicates potential for approximately 16 to 28 apartments, depending on unit size, building design and parking configuration. The site is well suited for an infill development, with the potential for a building oriented toward West Avenue and rear parking accessed from Grand Avenue and West Circular Street. An excellent development opportunity with substantial frontage, visibility, and two direct access streets to nearby downtown Saratoga Springs.

Location

State NY

County Saratoga

Direction From Broadway in downtown Saratoga Springs, head west on West Avenue -- the assemblage will be on your right at the corner of West Avenue, Grand Avenue, and West Circular Street.

Exterior

Utilities Available Electricity Available, Water Available

Building

Lot Description Road Frontage, Level

Sewer Public Sewer

Water Public

Schools

School District Saratoga Springs

Others

Tax ID 411501 165.18-3-17.1

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

L17.1 West Avenue Saratoga Springs, NY 12866