16 Caroline Street

Saratoga Springs, NY 12866

$4,600,000
Price
Beds
15,554 Sq. Ft.
$296 / Sq. Ft.
15,554
Sq. Ft.
$296
per Sq. Ft.

Description

Blockbuster listing alert--what a way to kick off the 2024 summer season in Saratoga Springs! This renowned restaurant/bar/Entm't 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 apartments!...Blockbuster listing alert--what a way to kick off the 2024 summer season in Saratoga Springs! This renowned restaurant/bar/Entm't 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 apartments! Exterior space inc. porch & patio that extend this super-popular hotspot. Unfinished basement add over 3K sqft, too. Apartments have great potential but are mostly vacant & rough. For sale is real estate only. Business not included.
  1. Listed by Scott P Varley • Keller Williams Capital Dist

Property Details for 16 Caroline Street

Architectural Style
Commercial
Zoning
Commercial
Waterfront
No
Parking Total
.00

Location

Listing Courtesy of Keller Williams Capital Dist
Add your commute
LISTING UPDATED: 05/20/2024 04:58 PM

Property Details for 16 Caroline Street

StatusActive
MLS #202417549
Days on Market15
Taxes$41,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1967
Lot Size0.25 AC / 10,890 SF
CountySaratoga County

Location

Listing Courtesy of Keller Williams Capital Dist
Add your commute

Building Information for 16 Caroline Street

Stories4Residences-Year Built1967Lot Size0.25 AC / 10,890 SF

Payment Calculator

$28,594 per month

30 year fixed, 7.25% Interest

Principal and Interest

$25,104

Property Taxes

$3,490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 Caroline Street

Summary
Location and General Information
  • Postal City: Saratoga Springs
  • Directions: Broadway to Caroline
  • City: Saratoga Springs
  • State Or Province: NY
  • Postal Code: 12866
  • County Or Parish: Saratoga
  • Latitude: 43.08
  • Longitude: -73.78
Taxes and HOA
  • Association Fee: $.00
  • Tax Lot: 84.000
  • Tax Block: 1
  • Parcel Number: 411501 165.60-1-84
  • Tax Tract: 165.60
  • Tax Annual Amount: $41,873.70
School Information
  • School District: Saratoga Springs
  • High School: Saratoga Springs
Property
Property and Assessments
  • Possession: At Closing
  • Documents Available: LNF
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Restaurant
Lot Information
  • Lot Features: Road Frontage
  • Year Built: 1967
  • Lot Size Dimensions: 117.3 FF
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 15554.0
Building Information
  • Business Type: Hospitality
  • Building Area Total: 15554.0
  • Living Area: 15554.0
  • Possible Use : Apartment Plus: Yes
  • Possible Use : Business: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Security Features: Fire Escape, Security Lights, Smoke Detector(s), Fire Alarm
Interior Features
  • Heating: Steam, Natural Gas
  • Roof: Rubber
  • Flooring: Tile, Wood
  • Electric: 200+ Amp Service
  • Basement: Full, Partial
  • Construction Materials: Brick
  • Cooling: Central Air, None
  • Cooling: No
  • Heating: Yes
  • Stories: 4
  • Building Detail : Fire Sprinkler System YN: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
Rental
Rental Information
  • Land Lease: No

Property History for 16 Caroline Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Caroline Street

Taxable ValueLand$221,300Additions$1,161,000Total$1,382,300
Home Facts
Total Finished SqFt15,554 SqFtAbove Grade Finished SqFt15,554 SqFtUnfinished Basement SqFt3,496 SqFtStories4Lot Size10,890 SqFtStyleOffice BuildingYear Built1967Year Renovated1990ZoningC1CountySARATOGAAPN411501 165.60-1-84

Schools near 16 Caroline Street

This home is within Saratoga Springs City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Division Street Elementary School
PublicK to 5

Caroline Street Elementary School
PublicK to 5

Lake Avenue Elementary School
PublicK to 5

Maple Avenue Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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16 Caroline Street is a mixed use property for sale in Saratoga Springs, NY 12866. This property was listed for sale on May 17, 2024 by Keller Williams Capital Dist, it's currently listed at $4,600,000. It has been on the market for a total of 15 days and was last sold on November 18, 2016. This listing's school district is Saratoga Springs City School District. Nearby schools include Division Street Elementary School, Caroline Street Elementary School and Lake Avenue Elementary School. 16 Caroline Street is a 0-bed, 0-bath, 15,554 sqft mixed use property built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Dist

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