Adirondack Real Estate

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137-141 River Street, Saranac Lake, NY 12983

$695,000
Property Type: Commercial Sale Square Footage: 8,081 Lot Size (sq. ft.): 24,829 Status: Pending
Current Price: $695,000 List Date: 2/05/2026 Last Modified: 3/30/2026

Description

$254,000 PRICE DECREASE AND 2 ADDITIONAL PROPERTIES NOW INCLUDED TO TOTAL 5 ADJACENT PROPERTIES! Prime commercial oppt'y overlooking Lake Flower, located on a principal arterial serving north-south travel within Saranac Lake NY. This high-traffic, high-visibility corner lot comprises 5 parcels and approx. 383 ft of road frontage with excellent potential for redevelopment or possible repurpose/adaptive reuse of existing buildings. Ideal location for a mixed-use convenience store, retail space with apartments or office space above. Ex home of the iconic Lakeview Deli, this landmark destination has served patrons for generations and is ideally located across from the Lake Flower Boat Launch and Prescott Park, home of the annual Winter Carnival Ice Palace. Centrally located within walking distance to Main Street, Hotel Saranac, Riverside Park, Lake Flower Ave's newly built Saranac Waterfront Lodge with access to residential neighborhoods serving many points. Listing includes Tax Map #'s: 32.214-2-15.018, 32.214-2-14.017, 32.214-2-16.000, 32.214-2-5.019, 32.214-2-1.000. Business not included.

More Information MLS# 174802

Location, Tax, and Legal

Tax Annual Amount: 14222.85 Land Tax Annual Amount: 2244.96 APA: Hamlet Deed Date: 1990-01-01

General Property Information

Tax Assessed Value: 709400 Horse YN: No Stories Total: 2 Building Area Total: 8081 Year Built: 1910 Open Parking YN: 1 Parking Total: 15 Lot Size Acres: 0.57 Water Body Name: None Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-03-30 Major Change Timestamp: 2026-03-30T16:27:16Z Major Change Type: Status Change Price Change Timestamp: 2025-05-07T21:10:41Z Under Contract Date: 2026-03-27

Appliances

Electric Water Heater: 1

Basement

Unfinished: 1

Construction Materials

Frame: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 274 Volume: 859

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 5307.83 School Taxes Description: Actual Village Taxes: 6670.06 Village Taxes Description: Actual

Foundation Details

Block: 1

Heating

Other: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Corner Lot: 1 Level: 1 Paved: 1 Views: 1

Parking Features

Off Street: 1 Parking Lot: 1

Property Condition

Fixer: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Sewer

None: 1

Special Listing Conditions

Standard: 1

Structure Type

Mixed Use: 1

Utilities

Internet Available: 1 Sewer Connected: 1 Water Connected: 1

View

Commercial: 1 Lake: 1 Mountain(s): 1 Water: 1

Water Source

Public: 1

Income and Expenses

Gross Income: 0 Lawn Care/Snow Removal Expense: 0

Tenant Pays

None: 1

Included

Fixtures: 1 None: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $695,000 Original List Price: 1395000 List Price: $695,000 Status: Pending Listing Contract Date: 2021-10-03 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 137-141 Street Name: River Street Suffix: Street County: Essex State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: N Elba School District: Saranac Lake Parcel Number: 32.214-2-14.017 Zoning: Mixed Directions: Look for Lakeview Deli at 137 River Street - Offering includes adjacent parcels 141 River Street, vacant lot on Shepard Ave., 12 Shepard and 16 Shepard. (5 parcels total)

Property Features

Appliances: Electric Water Heater Basement: Unfinished Construction Materials: Frame; Wood Siding Cooling: None Documents Available: Deed Electric: 200+ Amp Service Foundation Details: Block Heating: Other Included: Fixtures; None Listing Terms: Cash; Conventional Lot Features: Corner Lot; Level; Paved; Views Parking Features: Off Street; Parking Lot Property Condition: Fixer Road Frontage Type: Public Road Surface Type: Paved Roof: Composition Sewer: None Special Listing Conditions: Standard Structure Type: Mixed Use Tenant Pays: None Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial; Lake; Mountain(s); Water Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com

Information deemed reliable but not guaranteed.