1 Hemphill Place, Malta, NY 12020 (MLS# 202324659)

← Back to search

1 Hemphill Place, Malta, NY 12020

$3,825,000
Property Type: Commercial Sale Square Footage: 29,478 Lot Size (sq. ft.): 230,432 Status: Active
Current Price: $3,825,000 List Date: 9/13/2023 Last Modified: 1/29/2024

Description

Excellent retail/office opportunity in fast growing Malta with easy access to I-87 and Route 9, stone's throw to Global Foundries! Three buildings on a 5.29 acre parcel. One of 3 parcels for sale in fully occupied Parade Ground Village, can be purchased separately or together. Parade Ground Village is an attractive group of buildings with an excellent tenant mix. Underlying zoning for the site is DX-3 (Downtown Mixed Use) allowing for high density commercial and residential development. Parade Ground Village offers an opportunity to make a lucrative investment in fast growing community with global reach!

More Information MLS# 202324659

Contract Information

Property Sub Type: Mixed Use Status: Active Original List Price: 3950000 List Price: $3,825,000 Lease Considered: No Listing Contract Date: 2023-09-13 Current Price: $3,825,000 List Price/SqFt: 129.76 List Price/Acres: 723062.38

Location

Street Number: 1 Street Name: Hemphill Street Suffix: Place County: Saratoga State/Province: NY Postal Code: 12020 City/Town (Mail): Malta Cross Street: Rt 9 Geo Lat: 42.969134 Geo Lon: -73.790032

Commission Detail

Broker Agent Compensation: 2.5 Broker Agent Compensation Type: %

Property Detail

Year Built: 1989 Stories: 2 Number Of Buildings: 3 Business Name: Parade Ground Village Lot Size Square Feet: 230432 Zoning: Commercial Lot Size Acres: 5.29 Building Area Total: 29478 Waterfront Y/N: No Enhanced Accessible Y/N: No Parking Y/N: Yes

Parcel, Tax, HOA

New Construction Y/N: No Parcel Number: 414089 229.4-2-31 Tax Annual Amount: 55632 Total Taxes Description: Estimated Tax Block: 229. Tax Section: 2 Tax Lot: 31 School District: Ballston Spa High School: Ballston Spa Association Y/N: No

Directions & Remarks

Directions: Northway exit 12, east on Rt 67, cross Rt 9 onto Dunning then right on Hemphill Place Public Remarks: Excellent retail/office opportunity in fast growing Malta with easy access to I-87 and Route 9, stone's throw to Global Foundries! Three buildings on a 5.29 acre parcel. One of 3 parcels for sale in fully occupied Parade Ground Village, can be purchased separately or together. Parade Ground Village is an attractive group of buildings with an excellent tenant mix. Underlying zoning for the site is DX-3 (Downtown Mixed Use) allowing for high density commercial and residential development. Parade Ground Village offers an opportunity to make a lucrative investment in fast growing community with global reach!

Status Change Info

Status Change Date: 2023-09-13

Parking Features

Parking Total: 230

Property Features

Architectural Style: Commercial; Office; Retail; Other Basement: Slab Construction Materials: Vinyl Siding; Other Cooling: Central Air Current Use: Other; Medical/Dental; Office; Retail Electric: 200+ Amp Service Heating: Forced Air; Natural Gas Parking Features: Off Street; Paved Possession: Subject To Tenant Rights Possible Use: Mixed; Office; Office/Retail; Restaurant; Retail; Shopping Center; Other; Investment; Medical/Dental Roof: Asphalt Sale Includes: Building & Land Sewer: Public Sewer Showing Requirements: Call Listing Agent Special Listing Conditions: Standard Tenant Pays: Other Water Source: Public

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.