Lake Placid See all listings

1970 Saranac Avenue, Lake Placid, NY 12946

$2,850,000

MLS# 203872

3.1 acres

15,179 sq. ft


Listing Courtesy of: The Reynolds Group of Lake Placid, LLC

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Overview

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.

Details & Amenities

Listing Details

  • MLS #: 203872
  • Status: Active
  • Date Listed: 02-06-2025
  • Sq. Ft: 15,179
  • Acreage: 3.1
  • Seasonal Property: No
  • Listing Agent: Brandon k Montag
  • Listing Courtesy of: The Reynolds Group of Lake Placid, LLC

Interior Features

  • Basement: Crawl Space
  • Heating Type: Electric

Exterior & Lot Features

  • County: Essex
  • Town: Lake Placid
  • Township: N Elba
  • School District: Lake Placid
  • Views: Mountain(s)
  • Lot Size Area: 3.1
  • Total Parking: 60
  • Road Type: Asphalt, Paved
  • Sewer: Public Sewer
  • Zoning Description: Commercial

Building & Construction

  • Annual Taxes: $12,116
  • Year Built: 1980
  • Parking Features: Asphalt, Common
  • Exterior Siding: Frame
  • Foundation Details: Stone
  • Water Source: Public
  • Features: Apartments, Hotel/Motel