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Listed by Christian Klueg • Howard Hanna Capital Inc
$ 695,000
Est. payment /mo
Active
88-90 Front Street Ballston Spa, NY 12020
4 Baths
3,048 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,048 sqft
Price per Sqft $228
MLS Listing ID 202526141
Year Built 1900
Annual Tax Amount $9,208
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 36x124
Property Sub-Type Mixed Use
Source Global MLS
Property Description
Located on one of the busiest streets in the Village of Ballston Spa, this well-maintained mixed-use commercial building offers a rare opportunity for investors or owner-occupants. The property features two street-level retail spaces and two residential apartments on the second floor, all fully rented with a total monthly income of $4,400. Annual expenses are low at just $15,885, and all utilities are separately metered except for water and sewer. The property includes off-street parking in the back as well as a small detached garage. The building is in excellent condition with minimal maintenance required, making it truly turn-key. Front St is a busy location with many popular shops & eateries and this location is directly across from the Ballston Spa National Bank that is currently undergoing a full renovation. This location is poised for continued growth in visibility and value. Whether you're looking to occupy part of the space yourself or simply enjoy steady rental income, this property presents a strong and flexible investment opportunity in a vibrant and growing community.
Location
State NY
County Saratoga
Zoning Commercial
Direction Milton Ave to Front St
Interior
Interior Features Paddle Fan, Vaulted Ceiling(s)
Heating Forced Air, Natural Gas
Flooring Vinyl, Carpet, Laminate
Inclusions Building & Land
Exterior
Parking Features Gravel, Detached
Roof Type Rubber
Porch Porch
Building
Sewer Public Sewer
Water Public
Architectural Style Commercial, Traditional
New Construction No
Others
Tax ID 414201 216.32-1-109
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