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Listed by Scott P Varley • KW Platform
$990,000
Est. payment /mo
2.79 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202610618
HOA Y/N No
Annual Tax Amount $19,265
Lot Size 2.790 Acres
Acres 2.79
Property Sub-Type Mixed Use
Source Global MLS
Property Description
Prime Route 9 Commercial Redevelopment Site in the Heart of Malta
A rare opportunity to acquire 2.79 acres across two contiguous parcels in one of Malta's most active and rapidly evolving commercial corridors. With a combined 446 feet of frontage on US Route 9 and exposure to approximately 15,000 vehicles per day, this site offers exceptional visibility and presence for future development.
Zoned GC-3 under Malta's form-based code, the property supports up to three stories and a broad range of commercial and mixed-use uses (see documents for details). Sewer and gas available on site, municipal water available 100 feet from property line, allowing for efficient planning and redevelopment.
The existing motel structures are obsolete and considered tear-downs, positioning this as a true land-value opportunity and a clean slate for a new vision. The Town of Malta is currently in the process of re-zoning to accommodate the site for 55+ senior housing units, further underscoring the property's alignment with the town's growth plans and demand drivers.
Ideally located near GlobalFoundries, Luther Forest, Saratoga Springs, and major transportation routes, this site sits squarely in the path of continued regional expansion.
Whether your vision is senior housing, commercial, mixed-use, or another high-visibility development, this property delivers the fundamentals that matter most: location, frontage, zoning, and scale.
Land-driven. High exposure. Future-focused.
A rare opportunity to acquire 2.79 acres across two contiguous parcels in one of Malta's most active and rapidly evolving commercial corridors. With a combined 446 feet of frontage on US Route 9 and exposure to approximately 15,000 vehicles per day, this site offers exceptional visibility and presence for future development.
Zoned GC-3 under Malta's form-based code, the property supports up to three stories and a broad range of commercial and mixed-use uses (see documents for details). Sewer and gas available on site, municipal water available 100 feet from property line, allowing for efficient planning and redevelopment.
The existing motel structures are obsolete and considered tear-downs, positioning this as a true land-value opportunity and a clean slate for a new vision. The Town of Malta is currently in the process of re-zoning to accommodate the site for 55+ senior housing units, further underscoring the property's alignment with the town's growth plans and demand drivers.
Ideally located near GlobalFoundries, Luther Forest, Saratoga Springs, and major transportation routes, this site sits squarely in the path of continued regional expansion.
Whether your vision is senior housing, commercial, mixed-use, or another high-visibility development, this property delivers the fundamentals that matter most: location, frontage, zoning, and scale.
Land-driven. High exposure. Future-focused.
Location
State NY
County Saratoga
Direction Exit 12, north on Route 9, across from Bayberry Dr.
Exterior
Utilities Available Underground Utilities, Electricity Available, Gas Line At Road, Sewer Available, Water Available
Building
Lot Description Road Frontage, Level, Softwood Timber, Wooded
Sewer Septic Tank
Water Well
Schools
School District Ballston Spa
Others
Tax ID 229.2-1-2,3
Special Listing Condition Standard
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Erin Steinbach
Lic. Associate R. E. Broker | License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507