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2255 BALLSTON AVE, SARATOGA SPRINGS, NY 12866 For Sale

SV
NY 30VA0727304
KW Platform
Listed by KW Platform
$3,250,000
76 days on market
Updated 76 days ago

2255 Ballston Ave

Details
APN 190.-2-23
Property Type Retail, Mixed Use
Square Footage 10,240
Units 1
Year Built 1940
Stories 3
Acreage 14.190
Parking Spaces 50 spaces
Parking per 1,000 SqFt 4.88
Ground Lease No

Rare Saratoga opportunity!

Marketing description

This one comes with a name people already know. 2255 Ballston Ave -- home to the longtime Villa Balsamo -- is one of those rare Saratoga opportunities where history, location, and potential all line up. Situated on expansive, park-like grounds in Saratoga Springs, this property carries a special use permit framework that unlocks a compelling range of commercial possibilities -- bed & breakfast, country club, inn, commercial horse stable, micro-production of alcohol, greenhouse and nursery, agricultural use, educational facility, and more. The setting does a lot of the heavy lifting. Mature trees, open green space, and a level of privacy that's hard to replicate this close to town -- paired with the kind of visibility and accessibility that a successful operation demands. There's infrastructure here already working in your favor, and a name that carries real recognition in this market. Whether you're looking to build upon its successful restaurant history or reimagine it into something entirely new, the presence and positioning of this offering stand apart in the Saratoga market. For the operator, investor, or visionary ready to take the reins -- this is the kind of platform that's genuinely hard to find.

Investment highlights

This one comes with a name people already know. 2255 Ballston Ave -- home to the longtime Villa Balsamo -- is one of those rare Saratoga opportunities where history, location, and potential all line up. Situated on expansive, park-like grounds in Saratoga Springs, this property carries a special use permit framework that unlocks a compelling range of commercial possibilities -- bed & breakfast, country club, inn, commercial horse stable, micro-production of alcohol, greenhouse and nursery, agricultural use, educational facility, and more. The setting does a lot of the heavy lifting. Mature trees, open green space, and a level of privacy that's hard to replicate this close to town -- paired with the kind of visibility and accessibility that a successful operation demands. There's infrastructure here already working in your favor, and a name that carries real recognition in this market. Whether you're looking to build upon its successful restaurant history or reimagine it into something entirely new, the presence and positioning of this offering stand apart in the Saratoga market. For the operator, investor, or visionary ready to take the reins -- this is the kind of platform that's genuinely hard to find.

Listing Contacts

SV
NY 30VA0727304
KW Platform
Listed by KW Platform

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