SARATOGA SPRINGS, N.Y. — A prominent structure in the Saratoga Springs nightlife scene is now available for acquisition. The renowned five-story bar, nestled in the heart of downtown Saratoga Springs, has been listed for sale, presenting a rare opportunity for investors and entrepreneurs looking to own a piece of local history.
Located at 19-21 Caroline Street, Saratoga City Tavern has been a staple of Saratoga’s vibrant social life since 2002 when it was purchased by brothers Pat, Jay, and Adam Fitch. The property includes 7,770 square feet of prime downtown real estate, strategically positioned to capitalize on foot traffic from nearby attractions, events, and the city’s thriving hospitality industry. It is a hotspot for both locals and tourists alike, ensuring a steady stream of visitors throughout the year. “This is a rare opportunity to own a cornerstone of Caroline Street,” said Cindy Hollowood of Roohan Realty. “The bar’s reputation, coupled with its prime location, presents limitless potential for a new owner to continue its legacy.”
Saratoga City Tavern has very strong business revenues that include a 3,000+ member mug club that keeps patrons coming back year after year, a private event space that can be booked for parties, and live entertainment. There is opportunity to expand food service operations with two kitchens on the premises. The list price is $4,900,000.
The property is listed by commercial agents Cindy Hollowood and Anne O’Toole of Roohan Realty. Interested parties are invited to contact Cindy or Anne for further details or to schedule a private tour of the property. Additional information can be found at www.RoohanRealty.com or by calling 518-587-4500.