16-20 Caroline St

16-20 Caroline St , Saratoga Springs, New York, 12866 | 20,341 sq.f | $ 4,600,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

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 Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    20,341
  • Building Class    B
  • Year Built    1967
  • Price    4,600,000
  • Price Per SF    226
  • Tenancy    Single
  • Building Height    3 Stories
  • Building FAR    2.59
  • Land Acres    0.18 AC

Nearby Amenities & Transportation

Retail Starbucks
Retail Bank of America
Retail BurgerFi
Retail Trustco Bank
Retail Citizens Bank
Retail Keybank
Retail Price Chopper
Retail CrossFit
Retail Shake Shack
Retail Tgi Friday's
Date Created: 2024-07-16 04:18:00 Last Updated: 2024-07-16 04:18:00
Address: 16-20 Caroline St , Saratoga Springs, New York, 12866