Broadway Building Hits Market

SARATOGA SPRINGS — Roohan Realty recently announced the listing of 417 Broadway, a mixed-use property in the heart of downtown Saratoga Springs, represented by Dan Roohan, Associate Real Estate Broker, and Kelly DeMichele, Licensed Real Estate Salesperson.
Listed for $3.7 million, the three-story building is one of the oldest properties on Broadway, originally constructed in 1825 by Gideon Davison. Built with brick at a time when most neighboring structures were wood, the building was one of the few structures to survive the devastating fires of the 1830s. Davison, the founder of The Saratoga Sentinel, the city’s first newspaper established in 1818, operated his publication from 417 Broadway for nearly 25 years.
Over the past two centuries, the property has housed a salon, doctor’s office, travel agency, and other small businesses. Today, the property features approximately 6,000 square feet of finished space, including the Wine Bar restaurant on the first and lower levels, along with three upper-floor residential apartments.
The Evans family acquired the building in 1998 when it was listed for sale by Tom Roohan, Broker/Owner of Roohan Realty. Following a $1 million renovation, they opened The Wine Bar a year later, one of the region’s first wine bar concepts. Managed by sommelier Melissa Evans, it has remained a cornerstone of Saratoga Springs’ dining and nightlife scene for more than 25 years.
The restaurant space features two working fireplaces, a full bar, and a fully outfitted food and beverage setup. The furniture, fixtures, and equipment are included in the sale.
The Wine Bar will remain open until the building is sold; however, the business itself is not included in the sale, and select items, including the cigar humidor, cigar locker, baby grand piano, selected artwork, and cigar lounge license will not transfer.
For more information about the property, contact listing agents Dan Roohan at (518) 527-7895, or Kelly DeMichele at (518) 928-9019.

















