Active

1970 Saranac Avenue

Lake Placid NY, 12946

$2,850,000


$187.76 per sqft

Active

15,179 sqft

Commercial

Built in 1980

Courtesy of Brandon k Montag, The Reynolds Group of Lake Placid, LLC

Boutique Hotel, Townhomes, Resort or Retreat - the Opportunities are Limitless!
This high-profile corner property spans 3.1 acres in a prime Lake Placid location, directly across from the renowned Whiteface Lodge and adjacent to Outpost Plaza and Price Chopper. The property includes an 28-unit apartment building and three standalone cabins, all currently leased, offering immediate income potential while planning future development. With its unmatched mountain views, visibility, significant acreage, and flexible opportunities, this is a rare chance to invest in one of the area's most desirable commercial corridors.

203872

MLS ID

February 6, 2025

Listed

February 19, 2025

Updated

Interior Features

Floor Description

Carpet, Simulated Wood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

3.1 Acres


Sewer

Public Sewer

School Information

School District

Lake Placid

Other Property Details

Area Name

Lake Placid


Taxes

$12,116


Tax Frequency

Annually


Garage

No


Parking

Asphalt, Common


Parking Total

60


View

Yes


View Description

Mountain(s)


County

Essex


Municipality

N Elba


Water Source

Public


Pool

No


Zoning

Commercial

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bob Miller Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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