Property Type:
Residential Income
Square Footage:
5,875
Lot Size (sq. ft.):
3,049
Status:
Active
Current Price:
$624,900
List Date:
7/28/2026
Last Modified:
8/04/2026
Description
A cornerstone investment in one of Saranac Lake's most desirable downtown locations. Perfectly positioned directly across from the Pendragon Theatre and Nori's Village Market, just one block from RiverTrail Beerworks, and adjacent to the scenic River Walk, this mixed-use property offers exceptional visibility, walkability, and long-term investment appeal.
The building is home to the long-established Saranac Lake Youth Center, a valued community tenant, along with four residential apartments, creating a well-balanced investment with multiple income streams. Residents and tenants enjoy easy access to downtown restaurants, cafés, shopping, parks, the Adirondack Rail Trail, and the year-round events that make Saranac Lake one of the Adirondacks' most vibrant communities.
Whether you're expanding your portfolio or seeking a well-located mixed-use asset with a strong community presence, this property combines dependable income, an outstanding location, and the opportunity to own a piece of downtown Saranac Lake's continued growth and revitalization.
