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Listed by Christian Klueg • Howard Hanna Capital Inc
$ 775,000
Est. payment /mo
New
20 Washington Street Ballston Spa, NY 12020
5 Baths
3,218 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,218 sqft
Price per Sqft $240
MLS Listing ID 202527945
HOA Y/N No
Year Built 1830
Annual Tax Amount $7,607
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 45x76
Property Sub-Type Retail
Source Global MLS
Property Description
Ideally located in the business district of the Village of Ballston Spa, this commercial building is one of two buildings being offered for sale by this owner. Both are in excellent condition and offer a rare turn-key opportunity for investors or owner-occupants. This property at 20 Washington St is fully rented and features (4) street-level retail spaces with private entrances & individual bathrooms plus (6) studio spaces upstairs with one shared bathroom in the hall. Total rental income for this building is $67,620 annually. Expenses are $16,765 annually. All upstairs utilities are paid by the landlord. All downstairs utilities are paid by the tenants, except water & sewer. No off street parking. Located directly across from the Speckled Pig, this is a popular location with many shops & eateries close by. This property presents a strong and flexible investment opportunity in a vibrant and growing community. Also available for sale - 22 Washington, directly next door, with 2 additional commercial tenants and 2 residential apartments. MLS# 202527946
Location
State NY
County Saratoga
Zoning Commercial
Direction Milton Ave to Washington St
Interior
Heating Ductless, Forced Air, Hot Water, Natural Gas
Exterior
Parking Features On Street
Roof Type Rubber,Asphalt
Building
Sewer Public Sewer
Water Public
Architectural Style Office
New Construction No
Schools
School District Ballston Spa
Others
Tax ID 414201 216.32-1-16
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