1414 Route 50Ballston Spa, NY 12020Price: $599,000

High-visibility Route 50 development opportunity on 1.12 acres in the Town of Ballston Business District.Positioned along a heavily traveled commercial corridor with excellent exposure (estimated 12K-15K cars pass daily) and convenient access to Saratoga Springs Ballston Spa and Schenectady this property offers both immediate commercial potential and an opportunity to create something new. The existing building can be renovated and repositioned for continued commercial use, while the 1.12-acre site offers the potential for redevelopment. The Business District provides a broad range of possibilities, including retail, office, professional services, automotive service, restaurant and other commercial uses, as well as potential residential opportunities such as townhomes and senior housing, subject to applicable Town approvals. For an owner-user, investor or developer, 1414 Route 50 offers the opportunity to renovate the existing improvements or reimagine the entire site. With Route 50 visibility, 1.12 acres of land and flexible zoning, this is a property with the potential to support a variety of future concepts. A highly visible location with the land, zoning and flexibility to create significant value. Buyers should consult with the Town of Ballston regarding specific permitted uses, density, site-plan requirements, parking, setbacks and all other development approvals. Seller open to long term NNN lease.