Saratoga City Tavern | 19-21 Caroline St
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Saratoga City Tavern 19-21 Caroline St
7,770 SF Retail Building Saratoga Springs, NY 12866 $4,900,000 ($631/SF)
Investment Highlights
- Excellent net operating income and high cashflow with endless opportunities.
- Excellent reputation as premier tavern/bar with rooftop
- Strong Business Revenues
- Prime location in downtown Saratoga Springs
- Historic building circa 1906
Executive Summary
SARATOGA'S BEST SOCIAL SCENE! Perfect location in the heart of the city's entertainment district. Five floors of fun including live entertainment floors, the famous Boom Boom Room to dance the night away, private room for your next event and the area's most visited rooftop bar with views of the historic downtown. Strong business revenues and a 3,000+ member mug club that keeps patrons coming back year after year. Opportunity to expand the food service, event business and merchandising sales. Two kitchens on premises.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,770 SF
Building Class
B
Year Built
1960
Price
$4,900,000
Price Per SF
$631
Tenancy
Single
Building Height
5 Stories
Building FAR
3.57
Land Acres
0.05 AC
Zoning
C1 - Downtown entertainment district
Frontage
Amenities
- Corner Lot
- Fireplace
- Restaurant
- Roof Terrace
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Saratoga City Tavern
- Arts, Entertainment, and Recreation
- 99,999 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Saratoga City Tavern | Arts, Entertainment, and Recreation | 99,999 SF | - | - |
Walk Score ®
Walker's Paradise (99)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 411501-165-060-0001-067-000-0000 | Improvements Assessment | $968,600 |
Land Assessment | $57,500 | Total Assessment | $1,026,100 |
PROPERTY TAXES
Parcel Number
411501-165-060-0001-067-000-0000
Land Assessment
$57,500
Improvements Assessment
$968,600
Total Assessment
$1,026,100
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Saratoga City Tavern | 19-21 Caroline St
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