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2364 Saranac Avenue, Lake Placid, NY 12946

New Listing
$995,000
Property Type: Commercial Sale Square Footage: 3,096 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $995,000 List Date: 9/15/2026 Last Modified: 9/15/2026

Description

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 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.

More Information MLS# 208409

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $995,000 Original List Price: 995000 List Price: $995,000 Status: Active Listing Contract Date: 2026-09-15 Property Sub Type: Mixed Use Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 5554 Land Tax Annual Amount: 1538.88 APA: Hamlet Deed Date: 2008-01-24

General Property Information

Tax Assessed Value: 427300 Stories Total: 3 Building Area Total: 3096 Year Built: 1920 Garage YN: 1 Open Parking YN: 1 Open Parking Spaces: 2 Parking Total: 4 Lot Size Acres: 0.2 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-09-15 Major Change Timestamp: 2026-09-15T19:52:05Z Major Change Type: New Listing

Appliances

Dryer: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Basement

Block: 1 Concrete: 1 Storage Space: 1 Unfinished: 1 Walk-Up Access: 1

Construction Materials

Block: 1 Concrete: 1

Deed Details

Instrument: Deed Page: 96 Volume: 1564

Documents Available

Deed: 1 Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 2170 School Taxes Description: Estimated Village Taxes: 1846 Village Taxes Description: Estimated

Flooring

Carpet: 1 Ceramic Tile: 1 Hardwood: 1 Linoleum: 1 Parquet: 1

Foundation Details

Block: 1 Stone: 1

Frontage Type

Frontage Length: 54 feet Commercial: 1

Heating

Electric: 1 Oil: 1 See Remarks: 1

Interior Features

Apartment: 1

Laundry Features

Laundry Room: 1 Main Level: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Views: 1

Parking Features

Driveway: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Sewer

Public Sewer: 1

Structure Type

Mixed Use: 1

Utilities

Cable Available: 1 Electricity Connected: 1 Internet Connected: 1 Sewer Connected: 1 Water Connected: 1

View

Lake: 1 Mountain(s): 1

Water Source

Public: 1

Owner Pays

All Utilities: 1

Building Features

Commercial/Residential: 1 Kitchen: 1 Mixed Commercial: 1 Storefront: 1

Unit One

Total SqFt: 2484 Unit Name: House Year Built: 1920

Unit Two

Total SqFt: 612 Unit Name: Apartmen Lease Rate: 1,000 Year Built: 1950

Location Tax and Legal

Street Number: 2364 Street Name: Saranac Street Suffix: Avenue County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid School District: Lake Placid Parcel Number: 42.142-6-6.000 Zoning: Mixed Directions: Located on Saranac Ave on the right at the top of the hill just after Lake Placid Dental

Property Features

Appliances: Dryer; Refrigerator; Washer; Water Heater Basement: Block; Concrete; Storage Space; Unfinished; Walk-Up Access Building Features: Commercial/Residential; Kitchen; Mixed Commercial; Storefront Construction Materials: Block; Concrete Documents Available: Deed; Lead Paint; Property Condition Electric: 200+ Amp Service Flooring: Carpet; Ceramic Tile; Hardwood; Linoleum; Parquet Foundation Details: Block; Stone Frontage Type: Commercial Heating: Electric; Oil; See Remarks Interior Features: Apartment Laundry Features: Laundry Room; Main Level Listing Terms: Cash; Conventional Lot Features: Views Owner Pays: All Utilities Parking Features: Driveway Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt Sewer: Public Sewer Structure Type: Mixed Use Utilities: Cable Available; Electricity Connected; Internet Connected; Sewer Connected; Water Connected View: Lake; Mountain(s) Water Source: Public

Documents

Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com

Information deemed reliable but not guaranteed.