$995,000

Multi Use Property Prime Lake Placid Location

  • 5 Beds
  • 2 Baths
  • 2,484 Sqft
  • 8,712 Sqft lot
  • Updated: Today

About the Property

High-traffic, high-visibility location with exceptional potential for redevelopment or adaptive reuse. Centrally located on Saranac Avenue, just steps from Main Street, Lake Placid.

Formerly a residential home, the property was converted into a commercial space on the first floor including a coffee shop with retail space and a large kitchen. Listing includes a detached two stall garage wi
High-traffic, high-visibility location with exceptional potential for redevelopment or adaptive reuse. Centrally located on Saranac Avenue, just steps from Main Street, Lake Placid.

Formerly a residential home, the property was converted into a commercial space on the first floor including a coffee shop with retail space and a large kitchen. Listing includes a detached two stall garage with one bedroom apartment above.

The house could easily be converted back to a residential home. It offers five bedrooms, two and a half bathrooms, and expansive views of Mirror Lake and the mountains from the second floor and the open third-floor attic.

Timeless details add character throughout, including stained-glass windows, parquet flooring, built-in cabinets, and distinctive wallpaper.

A compelling investment opportunity in Lake Placid, just steps from Main Street. With its prime location, flexible layout, and strong redevelopment potential, this property presents a rare opportunity in one of Lake Placid’s most desirable commercial corridors. Or make your new residential home in the heart of Lake Placid.
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  • Property type

    House

  • Year built

    1920

  • Price/sqft

    $400

Features

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2364 Saranac Avenue, Lake Placid, New York, United States View on Google Maps
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Amanda Birchenough-Morrell
United States
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3
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2025
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Engel & Völkers Lake Placid
Engel & Völkers Lake Placid
12946, Lake Placid, United States
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Last updated
Today
First listed
September 16
Agent licence
#10401387906
Listing reference
208410
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