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Listed by Genevieve Suguitan • Signature One Realty Group LLC
$999,000
Est. payment /mo
10.23 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202618985
Year Built 1987
Lot Size 10.230 Acres
Acres 10.23
Lot Dimensions 250 FF
Property Sub-Type Industrial
Source Global MLS
Property Description
Exceptional investment and development opportunity in the heart of Malta's rapidly expanding industrial and technology corridor. This 10.23-acre industrial property features an 11,250 SF warehouse and offers immediate cash flow with established tenants already in place, plus approximately 2,500 SF becoming available for owner occupancy or lease-up, creating additional income potential. Well and septic infrastructure available. The 251' of road frontage provides excellent accessibility and visibility. Zoned PDD (Planned Development District), the site offers flexibility for a variety of permitted commercial, industrial, office, research, manufacturing, warehouse, distribution, mixed-use, and planned development uses, subject to municipal approvals and zoning requirements.
Positioned in one of Saratoga County's most sought-after growth markets, this property presents a rare opportunity to acquire a stabilized income-producing asset with significant future development potential. Investors can benefit from existing rental revenue while exploring expansion, redevelopment, or value-add strategies on the substantial acreage.
The property may also be purchased together with an adjoining 8.89-acre parcel (MLS #???), creating a combined development opportunity of over 19 acres in a premier Malta location.
Positioned in one of Saratoga County's most sought-after growth markets, this property presents a rare opportunity to acquire a stabilized income-producing asset with significant future development potential. Investors can benefit from existing rental revenue while exploring expansion, redevelopment, or value-add strategies on the substantial acreage.
The property may also be purchased together with an adjoining 8.89-acre parcel (MLS #???), creating a combined development opportunity of over 19 acres in a premier Malta location.
Location
State NY
County Saratoga
Zoning Industrial
Direction I-87 Exit 12 to Route 9 heading north.
Interior
Heating Other
Building
Sewer Septic Tank
Water Well
Architectural Style Commercial
New Construction No
Others
Tax ID 414089 217.-2-50
Special Listing Condition Standard
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