2795 Route 9, NY 12020

$999,000

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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 #202618986), creating a combined development opportunity of over 19 acres in a premier Malta location.

Additional Information

Taxes
$11,034
Zoning
Industrial
Sewer
Septic Tank
Water
Well

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Calculator source: Real Geeks

Listing courtesy of listing agent Genevieve Suguitan with Signature One Realty Group LLC Brokerage, 518-527-9807.

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