Description
Unlock Saratoga's Historic Charm & Income Potential: Prime Mixed-Use Corner Property being offered strictly as-is. Discover an exceptional opportunity to own a piece of Saratoga's rich history and vibrant future with this captivating .39-acre mixed-use property. Property is perfectly situated on a highly desirable corner lots at Bridge Avenue and River Street and encompass 104 NE River and 316 E Bridge Ave, this unique offering combines a residential home, proven income streams, and incredible development potential. Originally built in the 1920s, this property boasts a fascinating past, having once served as a bustling gas station and a revitalizing bath house. Its historic roots offer a distinctive character, while its diverse structures provide endless possibilities for investors, entrepreneurs, or those seeking a multi-generational living arrangement with built-in revenue. Property Highlights: Main Residence: This 1176 sq ft, 3-bedroom, 1-bathroom ranch-style home presents an incredible opportunity for a remodel. The roof is (T-Lock shingles), check with your insurance agent regarding insurability. Essential updates including a new furnace, windows, and doors have been completed in the last 10 years, providing a solid foundation for your vision. Imagine transforming this space into your dream home while generating income from the other units. Income-Generating Bungalow: A beautifully maintained and updated 1-bedroom, 1-bathroom bungalow, currently thriving as a short-term vacation rental. This turnkey unit offers immediate revenue and showcases the potential for high-demand lodging in Saratoga. Historic Stone House & Ancillary Buildings: Unearth the hidden gems within the historic stone house and accompanying ancillary buildings. These structures, while needing updating, offer incredible potential for further rental units, unique commercial spaces, or creative personal use, allowing you to honor their heritage while maximizing their value. 6-Unit Storage Facility: A dedicated 6-unit storage facility provides an additional, consistent income stream, appealing to both local residents and visitors needing extra space. Additional Small Rental: Another small rental unit further diversifies your income portfolio, ensuring multiple avenues for return on investment. Unrivaled Location & Potential: The premier corner lot location on Bridge Avenue and River Street offers high visibility and easy access, ideal for commercial ventures or continued residential appeal. With its mixed-use zoning, this property allows for incredible flexibility: continue the existing successful rental operations, transform the main home into a personalized oasis and lease out the other units, or explore the exciting possibilities of revitalizing the historic structures for retail, office, or hospitality ventures (subject to Saratoga zoning and historic preservation guidelines). Note: Some items will be left by the seller and the Buyer will be responsible for removing. Don't miss this rare opportunity to own a piece of Saratoga's legacy, offering a blend of historic charm, contemporary comfort, and unparalleled income potential in a prime location. Schedule your showing today and envision the possibilities!
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3BEDS
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0.39ACRES
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1BATHS
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01/2 BATHS
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1,176SQFT
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$421$/SQFT
School Ratings & Info
Description
Unlock Saratoga's Historic Charm & Income Potential: Prime Mixed-Use Corner Property being offered strictly as-is. Discover an exceptional opportunity to own a piece of Saratoga's rich history and vibrant future with this captivating .39-acre mixed-use property. Property is perfectly situated on a highly desirable corner lots at Bridge Avenue and River Street and encompass 104 NE River and 316 E Bridge Ave, this unique offering combines a residential home, proven income streams, and incredible development potential. Originally built in the 1920s, this property boasts a fascinating past, having once served as a bustling gas station and a revitalizing bath house. Its historic roots offer a distinctive character, while its diverse structures provide endless possibilities for investors, entrepreneurs, or those seeking a multi-generational living arrangement with built-in revenue. Property Highlights: Main Residence: This 1176 sq ft, 3-bedroom, 1-bathroom ranch-style home presents an incredible opportunity for a remodel. The roof is (T-Lock shingles), check with your insurance agent regarding insurability. Essential updates including a new furnace, windows, and doors have been completed in the last 10 years, providing a solid foundation for your vision. Imagine transforming this space into your dream home while generating income from the other units. Income-Generating Bungalow: A beautifully maintained and updated 1-bedroom, 1-bathroom bungalow, currently thriving as a short-term vacation rental. This turnkey unit offers immediate revenue and showcases the potential for high-demand lodging in Saratoga. Historic Stone House & Ancillary Buildings: Unearth the hidden gems within the historic stone house and accompanying ancillary buildings. These structures, while needing updating, offer incredible potential for further rental units, unique commercial spaces, or creative personal use, allowing you to honor their heritage while maximizing their value. 6-Unit Storage Facility: A dedicated 6-unit storage facility provides an additional, consistent income stream, appealing to both local residents and visitors needing extra space. Additional Small Rental: Another small rental unit further diversifies your income portfolio, ensuring multiple avenues for return on investment. Unrivaled Location & Potential: The premier corner lot location on Bridge Avenue and River Street offers high visibility and easy access, ideal for commercial ventures or continued residential appeal. With its mixed-use zoning, this property allows for incredible flexibility: continue the existing successful rental operations, transform the main home into a personalized oasis and lease out the other units, or explore the exciting possibilities of revitalizing the historic structures for retail, office, or hospitality ventures (subject to Saratoga zoning and historic preservation guidelines). Note: Some items will be left by the seller and the Buyer will be responsible for removing. Don't miss this rare opportunity to own a piece of Saratoga's legacy, offering a blend of historic charm, contemporary comfort, and unparalleled income potential in a prime location. Schedule your showing today and envision the possibilities!
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-05T15:27:00.873.