Overview
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.
- Principal and Interest
- Property Tax
- HOA fee
