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16-20 Caroline St

20,341 SF Retail Building Saratoga Springs, NY 12866 $6,520,132 CAD ($321 CAD/SF)

Executive Summary

Blockbuster listing alert--what a way to kick off the 2024 summer season in Saratoga Springs! Gaffney's--one of the city's defining & popular businesses--is being offered for sale. This renowned restaurant/bar/entertainment space occupies one of the most desirable corners in all of downtown Saratoga. With an address at 16 Caroline St w/ frontage also on Putnam St. just steps to Broadway, this mixed use property offers a huge .26-acre parcel at the epicenter of one of America's most loved & trafficked small cities. The building offers over 15,554 sqft of space over 4 stories & 10 rental apartment! Exterior space inc. porch & patio that extend this super-popular hotspot. Unfinished basement add over 3K sqft, too. Development potential to add even more value to this A+ downtown corner.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
20,341 SF
Building Class
B
Year Built
1967
Price
$6,520,132 CAD
Price Per SF
$321 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.59
Land Acres
0.18 AC
Zoning
C1
Frontage
97 ft on Caroline St
Walk Score ®
Walker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Bank of America
BurgerFi
Trustco Bank
Rent-A-Center
Citizens Bank
Keybank
Price Chopper
CrossFit
Shake Shack
  • Listing ID: 31846133

  • Date on Market: 2024-05-17

  • Last Updated:

  • Address: 16-20 Caroline St, Saratoga Springs, NY 12866

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