Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
2,796
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 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.
