Gaffney’s For Sale; Barstool Founder Mulls Purchase

Gaffney’s, a bar and restaurant on Caroline Street in downtown Saratoga, was listed for sale after facing potential foreclosure. Photo via the Scott Varley Team/Keller Williams Capital District listing.

SARATOGA SPRINGS — Gaffney’s, the popular bar and restaurant on Caroline Street in downtown Saratoga Springs, has been listed by the Scott Varley Team of Keller Williams Capital District for $4.6 million, and a well-known Saratogian has floated the idea of buying it. 

Gaffney’s was put up for sale after facing potential foreclosure. The listing states that the sale is for the real estate that houses Gaffney’s, not the actual business itself. The property, built in 1967, includes commercial space plus ten rental apartments.

When the Instagram account Around Saratoga Springs posted news of the property’s sale, Barstool Sports founder and owner Dave Portnoy asked his 5 million followers, “Should I buy?”

Portnoy is a frequent visitor to the Saratoga Race Course and owns property on Fifth Avenue next to the Oklahoma Training Track. Last year, he acquired an area variance from the city’s Zoning Board of Appeals so that he could demolish the existing ranch-style home and build a new one.