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$2,400,000
131 Days On Site
1970 Saranac AvenueLake Placid, NY 12946
For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
15,179
SqFt
$158
/SqFt
1980
Built
County:
Essex
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Monthly Payment (Est.)
$10,950Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
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.
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Listing Snapshot
Price
$2,400,000
Days On Site
131 Days
Bedrooms
N/A
Inside Area (SqFt)
15,179 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.1 Acres
Year Built
1980
MLS® Number
203872
Status
Active
Property Tax
$12,116
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Price changed to $2,400,000 | |
| 4 months ago | Listing first seen on site |
General Features
Acres
3.1
Foundation
Stone
Number Of Stories
2
Parking
AsphaltCommon
Parking Spaces
60
Property Condition
Fixer
Property Sub Type
Hotel/Motel
Sewer
Public Sewer
SqFt Total
15179
Water Source
Public
Zoning
Commercial
Interior Features
Basement
Crawl Space
Flooring
CarpetSimulated Wood
Heating
Electric
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Exterior Features
Construction Details
Frame
Road Frontage
HighwayState Road
View
Mountain(s)
Waterview
Mountain(s)
Community Features
Financing Terms Available
CashContract
MLS Area
Lake Placid
Roads
AsphaltPaved
School District
Lake Placid
Township
N Elba
Schools
School District
Lake Placid
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Brandon k Montag of The Reynolds Group of Lake Placid, LLC
Listing information is provided by Participants of the Adirondack Champlain Valley MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Adirondack Champlain Valley MLS.
Last checked: 2025-06-18 11:09 AM UTC
Listing information is provided by Participants of the Adirondack Champlain Valley MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Adirondack Champlain Valley MLS.
Last checked: 2025-06-18 11:09 AM UTC
Neighborhood & Commute
Source: Walkscore
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