Property Type:
Commercial Sale
Square Footage:
3,104
Lot Size (sq. ft.):
43,996
Status:
Active
Current Price:
$380,000
List Date:
12/24/2025
Last Modified:
1/14/2026
Description
Unlock the ultimate Adirondack investment at 5732-5734 NYS Rte 86. Boasting approximately 150 feet of pristine Ausable River frontage, this 5-unit complex is a powerhouse for recreation-based income. Located just 5 minutes from Whiteface Mountain Ski Resort and 15 minutes from Lake Placid, this is a premier location for a boutique lodge or a high-performing Short-Term Rental (STR) conversion.
Investment Highlights:
Unrivaled Location: World-class fly fishing in the backyard and Olympic-grade skiing down the road.
Diverse Asset Mix: Includes four efficient units plus a detached single-family home, perfect for an on-site manager or premium vacation rental.
Separately Metered: Utilities are independent per unit, optimizing operational overhead.
Income: Currently generating $4,525/month with significant upside potential in the seasonal hospitality market.
For the investor looking to capitalize on the Adirondack tourism boom, this riverfront property offers the rare combination of high-demand location and versatile development potential.
