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For Sale

$685,000

2573-2575 US RT 9
Ballston Spa, NY 12020

Sqft 1,152 sqft
Prominent downtown Malta Rt 9 "mixed use" property For Sale (Residential & Commercial) GC-3 Zone. East side Rt 9, adjacent to "Ellsworth Commons"; North property line. Currently generates $70,200 GPI annually, CAP Rate 7.5% at asking price, Full with 4 tenants! Currently 2 Commercial & 2 Residential, easy to rent & maintain, 217' directly on Rt 9, corner Cramer Dr, Separate parking lots (2) set behind each building, total 15 spots, two road cuts. Convenient location, new A/C units were added to each apartment July '2020 Family Danz. Public Water (Mackey) & Sewer, natural gas being connected to Unit 1, 10/2/2020 National Grid. Separate 1152 sq' office building included on deed, and full basement under 3 family home. Weekly garbage pick up County Waste, Verizon High Speed Internet & WiFi. Read More

Market Status
Available
Last Updated
June 9, 2021

Property Type
Commercial Property
Parking
Paved or Surfaced; 15 spaces
Taxes
11125
Property Type
Commercial; Commercial

Local Market Conditions

There are currently 96 properties for sale in the Ballston Spa, NY area with the average listing price of $393,612. This represents an increase of +1.9% over the previous week. The 3 bedroom homes saw the largest increase in the average listing price over the previous week with a +2.9% increase. To learn more about the Ballston Spa, NY area, contact a local expert!

Market Snapshot for Ballston Spa, NY

Avg. Listing Price

$393,612

Wk ending Jun 12

$+7,168

+1.9%

w-o-w

96

240

240

228

84

84

Average Listing Price for Ballston Spa, NY
No. BedroomsNo. Beds Week Ending
(Jun 12)
w-o-w Week Ending
(Jun 5)
Week Ending
(May 29)
Week Ending
(May 22)
All PropertiesAll $393,612 +1.9% $386,444 $382,366 $378,303
1 bedroom1 BR $175,000 +0.0% $175,000 $175,000 $184,000
2 bedrooms2 BR $228,600 -1.2% $231,450 $229,300 $256,975
3 bedrooms3 BR $379,172 +2.9% $368,311 $359,092 $352,602
4 bedrooms4 BR $403,308 +1.0% $399,216 $401,969 $400,891

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Listing Provided By:

Bruce McClellan

Phone
This $685,000 Commercial Property at 2573-2575 US RT 9 in Ballston Spa, NY is presented by Bruce McClellan. This $685,000 Commercial Property, located in the 12020 zip code, has the following property features: Parking, Taxes, Property Type. This 2573-2575 US RT 9 Commercial Property is listed under MLS listing number 202028162 and has a listing price of $685,000. You can find more Ballston Spa homes for sale here.

Data Provided by Global Multiple Listing Service, Inc

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