Description
Located on one of the busiest streets in the Village of Ballston Spa, this well-maintained mixed-use commercial building offers a rare opportunity for investors or owner-occupants. The property features two street-level retail spaces and two residential apartments on the second floor, all fully rented with a total monthly income of $4,400. Annual expenses are low at just $15,885, and all utilities are separately metered except for water and sewer. The property includes off-street parking in the back as well as a small detached garage. The building is in excellent condition with minimal maintenance required, making it truly turn-key. Front St is a busy location with many popular shops & eateries and this location is directly across from the Ballston Spa National Bank that is currently undergoing a full renovation. This location is poised for continued growth in visibility and value. Whether you're looking to occupy part of the space yourself or simply enjoy steady rental income, this property presents a strong and flexible investment opportunity in a vibrant and growing community.
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0BEDS
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0.11ACRES
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4BATHS
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01/2 BATHS
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3,048SQFT
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$212$/SQFT
School Ratings & Info
Description
Located on one of the busiest streets in the Village of Ballston Spa, this well-maintained mixed-use commercial building offers a rare opportunity for investors or owner-occupants. The property features two street-level retail spaces and two residential apartments on the second floor, all fully rented with a total monthly income of $4,400. Annual expenses are low at just $15,885, and all utilities are separately metered except for water and sewer. The property includes off-street parking in the back as well as a small detached garage. The building is in excellent condition with minimal maintenance required, making it truly turn-key. Front St is a busy location with many popular shops & eateries and this location is directly across from the Ballston Spa National Bank that is currently undergoing a full renovation. This location is poised for continued growth in visibility and value. Whether you're looking to occupy part of the space yourself or simply enjoy steady rental income, this property presents a strong and flexible investment opportunity in a vibrant and growing community.
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