588 Lake Avenue, Saratoga Springs, NY 12866

$399,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 1,444 Lot Size (sq. ft.): 101,930 Status: Pending
Current Price: $399,000 List Date: 1/23/2026 Last Modified: 3/30/2026

Overview

Description

Rare opportunity to acquire either a turnkey restaurant property on Lake Avenue in Saratoga Springs OR ideal as a seasonal destination business, OR reimagine the property as an event venue, redevelopment project, OR potential subdivision into three building lots backed up to beautiful open field. The offering includes three deeded lots and a fully equipped restaurant with all furniture, fixtures, and equipment (FF&E) included, featuring a walk-in cooler, smoker, and ample on-site parking for approximately 85 vehicles. A prime location at the Gateway to Saratoga, with flexible use potential and exceptional upside. 6 minutes to downtown Saratoga Springs.

Listing Details MLS# 202611035

Contract Information

Property Sub Type
Single Family Residence
Original List Price
399000
Listing Contract Date
2026-01-23
List Price/SqFt
276.32
List Price/Acres
170512.82

Location

Street Number
588
Street Name
Lake
Street Suffix
Avenue
County
Saratoga
State/Province
NY
Postal Code
12866
City/Town (Mail)
Saratoga Springs

Property Detail

Rooms Total
3
Bedrooms Total
Yes
Bathrooms Half
Yes
Bathrooms Total
Yes
Year Built
1960
Above Grade Finished Area
1444
Above Grade Finished Area Source
Public Records
Below Grade Finished Area Source
Public Records
Living Area
1444
Total Finished Area
1444
Lot Size Acres
2.34
Waterfront Y/N
No
Enhanced Accessible Y/N
No
Green Features Y/N
No
Parking Y/N
Yes
Garage Spaces
0
Below Grade Finished Area
0

Status Change Info

Status Change Date
2026-03-30
Under Contract Date
2026-03-29
Proposed Closing Date
2026-06-17

Bath Levels

Half Bath 1
1st

Financial Details

General Taxes
2176
General Taxes Description
Estimated
School Taxes
4096
School Taxes Description
Estimated

More Information

Parking Features

Parking Total
85
Off Street
Yes

Photos - the contractual owner of the photos

Photo Owner
Combination Ownership

Rooms

Family Room Level
First
Kitchen Level
First
Office Level
First
Family Room
Yes
Kitchen
Yes
Office
Yes

Parcel, Tax, HOA

New Construction Y/N
No
Parcel Number
411589 167.-2-64
Tax Annual Amount
6271
Total Taxes Description
Estimated
School District
Saratoga Springs
High School
Saratoga Springs
Association Y/N
No

Directions & Remarks

Directions
Exit 14 or Exit 15 to Lake Avenue (Rt 29) Pass Stewarts on the right. 588 Lake Avenue
Public Remarks
Rare opportunity to acquire either a turnkey restaurant property on Lake Avenue in Saratoga Springs OR ideal as a seasonal destination business, OR reimagine the property as an event venue, redevelopment project, OR potential subdivision into three building lots backed up to beautiful open field. The offering includes three deeded lots and a fully equipped restaurant with all furniture, fixtures, and equipment (FF&E) included, featuring a walk-in cooler, smoker, and ample on-site parking for approximately 85 vehicles. A prime location at the Gateway to Saratoga, with flexible use potential and exceptional upside. 6 minutes to downtown Saratoga Springs.

Sewer

Septic Tank
Yes

Appliances

Built-In Gas Oven
Yes
Convection Oven
Yes
Electric Oven
Yes
Freezer
Yes
Microwave
Yes
Refrigerator
Yes
Water Purifier
Yes

Architectural Style

Ranch
Yes

Electric

200+ Amp Service
Yes

Cooling

Central Air
Yes

Basement

None
Yes

Dining Room Type

None
Yes

Lot Features

Cleared
Yes
Road Frontage
Yes

Construction Materials

Wood Siding
Yes

Other Structures

Shed(s)
Yes

Possession

At Closing
Yes

Exterior Features

Gas Grill
Yes

Showing Requirements

Lockbox
Yes
Showing Service
Yes
Sign on Property
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes

Roof

Asphalt
Yes

View

Pasture
Yes
Trees/Woods
Yes

Water Source

Well
Yes

Foundation Details

Slab
Yes

Heating

Forced Air
Yes
Propane
Yes

Interior Features

Solid Surface Counters
Yes

Kitchen Features

Prep Sink
Yes

Laundry Features

None
Yes

Levels

One
Yes

Property Features

Appliances: Built-In Gas Oven; Convection Oven; Electric Oven; Freezer; Microwave; Refrigerator; Water Purifier Architectural Style: Ranch Basement: None Construction Materials: Wood Siding Cooling: Central Air Dining Room Type: None Electric: 200+ Amp Service Exterior Features: Gas Grill Foundation Details: Slab Heating: Forced Air; Propane Interior Features: Solid Surface Counters Kitchen Features: Prep Sink Laundry Features: None Levels: One Lot Features: Cleared; Road Frontage Other Structures: Shed(s) Parking Features: Off Street Possession: At Closing Roof: Asphalt Rooms: Family Room; Kitchen; Office Sewer: Septic Tank Showing Requirements: Lockbox; Showing Service; Sign on Property Special Listing Conditions: Standard Utilities: Cable Available View: Pasture; Trees/Woods Water Source: Well

Room Information

Room Name Level
Family Room First
Office First
Kitchen First

Documents

Listing Courtesy of KW Platform
Listing Agent: Elizabeth Page
518-573-1112 | elizabethpage@kw.com
IDX
Information deemed reliable but not guaranteed.