L17.1 West Avenue, Saratoga Springs, NY 12866
sale
$1,300,000
|
Other
Courtesy Of KW Platform
Rare development opportunity in Saratoga Springs. This three-parcel assemblage totals approximately 0.79 acres and offers approximately 275 feet of frontage along West Avenue and approximately 125 feet along both Grand Avenue and West Circular Street. Located in the UN/T-4 Urban Neighborhood District, the property offers flexibility for residential or mixed-use development, subject to municipal review and approval. Unlike the zoning immediately north along West Avenue, the UN/T-4 District permits fully residential development without requiring first-floor commercial space, eliminating the need for a commonly sought special use zoning variance. The district permits a maximum building height of 40 feet and maximum impervious coverage of 75%. Preliminary analysis indicates potential for approximately 16 to 28 apartments, depending on unit size, building design and parking configuration. The site is well suited for an infill development, with the potential for a building oriented toward West Avenue and rear parking accessed from Grand Avenue and West Circular Street. An excellent development opportunity with substantial frontage, visibility, and two direct access streets to nearby downtown Saratoga Springs.
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Property Features
- MLSID: 202623301
- Parking Spaces: 10
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