This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Villa Balsamo 2255 Ballston Ave

10,000 SF Retail Building Saratoga Springs, NY 12866 $3,750,000 ($375/SF)

Investment Highlights

  • Full Restaurant Kitchen
  • 9 Bedrooms
  • FFE included
  • Large dining room
  • 9 Bathrooms
  • 14 acres with 3 spring fed ponds and room to build additional buildings.

Executive Summary

Move into a world of timeless elegance & historical charm with Villa Balsamo, now available for purchase. Nestled on over 14 acres, this magnificent estate features one of the finest mansions from the early 19th century. Once a renowned seasonal restaurant, Villa Balsamo was a beloved destination for those seeking to experience Saratoga's summer allure & gourmet dining. Now, this unique property is ready for your vision, offering endless possibilities for transformation. Whether you dream of creating a luxurious private residence, a boutique restaurant, Wedding and Events Venue, horse stable, an educational institution, a cozy bed and breakfast, or a grand compound for relatives, Villa Balasamo can accommodate your aspirations. The estate also boasts three tranquil, spring-fed ponds that add to its serene ambiance, 9 bedrooms, 9 Bathrooms and full restaurant kitchen, and dining room complete with tables and chairs.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,000 SF
Building Class
B
Year Built
1940
Price
$3,750,000
Price Per SF
$375
Tenancy
Single
Building Height
3 Stories
Building FAR
0.02
Land Acres
14.19 AC
Zoning
RR1 - Zoned RR1. see use chart attached
Parking
30 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
86 FT on Ballston Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
411589-190-000-0002-023-000-0000
Land Assessment
$589,900
Improvements Assessment
$660,228
Total Assessment
$1,250,128
  • Listing ID: 32707221

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 2255 Ballston Ave, Saratoga Springs, NY 12866

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}