Saranac Lake NY Commercial for Sale

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Type:
Retail
Sq.Ft.:
3,638
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1940
Baths:
MLS#:
202900

ADDITIONAL INFORMATION

Seize the opportunity to own a piece of Saranac Lake's vibrant dining scene with the Downhill Grill, a renowned and well-established restaurant and bar since 1997 located in the heart of this charming town. This turnkey property is perfectly positioned for a new owner to continue its legacy as a beloved local favorite or to introduce an exciting new culinary experience to the area. Situated centrally in a thriving community known for hosting major events that draw significant foot traffic, Downhill Grill enjoys an enviable location adjacent to the Main Street municipal parking lot, ensuring easy accessibility for both locals and visitors. There is opportunity to add up to two floors to this magnificent building and the full basement offers more than sufficient storage. Whether you're looking to build upon its success or bring fresh flavors to Saranac Lake, this restaurant is primed and ready for its next chapter.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.75 Acres
Year built:
2005
Baths:
MLS#:
202423301

ADDITIONAL INFORMATION

Type:
Mixed Use
Sq.Ft.:
7,192
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1905
Baths:
MLS#:
201381

ADDITIONAL INFORMATION

Long time established Saranac Lake commercial property that has been home to Straight's Grocery in the early 1900s, later a sporting goods store, Deissler's Bakery, Snapshot Photo and what is commonly known today as the Left Bank Cafe since 1981. 3 commercial tenants The Rock Shop, Anne's Crepes, and 3 apartments. Excellent downtown location situated along the banks of the Saranac River at the Broadway Bridge. Workshop, and owner garage space. Very well maintained situated at the Broadway Bridge on the Saranac River

Type:
Mixed Use
Sq.Ft.:
7,465
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1930
Baths:
MLS#:
201194

ADDITIONAL INFORMATION

Multi-use commercial income producing property in excellent and updated condition. Conveniently located in Saranac Lake's finest commercial area. Home to the Village Mercantile (The Community Store), Bear Essentials retail and wholesale screen printing, embroidery and graphic design, and a large and bright 2 bedroom apartment. Next to the Saranac Lake library and directly across the street from Saranac Lake's anchor- The Hotel Saranac. Excellent income with quality long term tenants in all three spaces. Please note that the real estate is being sold, not the businesses.

Type:
Other
Sq.Ft.:
7,736
Status:
Active
Beds:
n/a
Lot size:
167.1 Acres
Year built:
1901
Baths:
MLS#:
179290

ADDITIONAL INFORMATION

Originally established in 1901 as part of the renowned Saranac Inn Resort, the Saranac Inn Golf and Country Club holds a rich history. Its exceptional design was the work of Seymour Dunn, a notable Scottish professional golfer, who transformed the course in 1910. The course follows a classic Scottish design, boasting full irrigation and a delightful assortment of long, medium, and short par 3's, 4's, and 5's. It spans 6,602 yards from the back tees and 5,067 yards from the front tees, offering diverse challenges to players. The property comprises 167 acres of land, along with a small extension of 0.03 acres on Upper Saranac Lake. On-site, you'll find 11 lodging units and a 3,420 sq. ft. club house, featuring a restaurant, bar, and retail showroom. The property is being sold turnkey, inclusive of all furniture, fixtures, and equipment. Furthermore, it presents exciting development possibilities zoned APA moderate intensity. Golf Digest called it "The best course in the Adirondacks!".

Type:
Other
Sq.Ft.:
14,652
Status:
Active
Beds:
n/a
Lot size:
0.5 Acres
Year built:
1930
Baths:
MLS#:
176965

ADDITIONAL INFORMATION

Prime location 1930 commercial building offering 4 levels, including basement level and an existing elevator in place that is not currently used. Each floor is approximately 3600 square feet, renovated in 1995-97 with high end finishes. Medical offices on street level, second level with current plans for two 1 bedroom apartments, 1500 sq ft and 1000 sq ft with architectural drawings, high loft ceilings, floor to ceiling windows. The third level is the owner occupied apartment which is high end and a 1600 square foot loft apartment with 1 bedroom and views, gas fireplace and potential for another apartment on that level. A NEW OWNER COULD POSSIBLY APPLY FOR A MAIN STREET FRANKLIN COUNTY GRANT.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Based on information from the Adirondack-Champlain Valley MLS as of the date posted below. The information provided by the Adirondack-Champlain Valley MLS is deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Adirondack-Champlain Valley MLS. All Rights Reserved.
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

© 2024 Greater Capital Association of REALTORS (CRMLSNY). All rights reserved. The data relating to real estate for sale on this website have been downloaded from CRMLS. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verification's recommended. Per New York legal requirement, click here for the Standard Operating Procedures.



Saranac Lake Real Estate

The median home value in Saranac Lake, NY is $315,000. This is higher than the county median home value of $162,800. The national median home value is $338,100. The average price of homes sold in Saranac Lake, NY is $315,000. Approximately 47.46% of Saranac Lake homes are owned, compared to 38.2% rented, while 14.35% are vacant. Saranac Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saranac Lake real estate agent to arrange a tour today!

Saranac Lake, New York has a population of 5,003. Saranac Lake is less family-centric than the surrounding county with 21.48% of the households containing married families with children. The county average for households married with children is 25.55%.

The median household income in Saranac Lake, New York is $54,813. The median household income for the surrounding county is $55,279 compared to the national median of $69,021. The median age of people living in Saranac Lake is 44.3 years.

Saranac Lake Weather

The average high temperature in July is 75.3 degrees, with an average low temperature in January of 2.8 degrees. The average rainfall is approximately 40.8 inches per year, with 106.4 inches of snow per year.

Saranac Lake Real Estate Market Conditions

  • Median sales price

    $315,000
    14.6% change since last quarter
  • # Active listings

    60
    30-day change

Saranac Lake Schools and Demographics

Education near Saranac Lake, NY

Metric City County
High School Graduates 92.47 88.14
College Degree - 2 year 16.01 12.46
College Degree - 4 year 37.19 21.62
Graduate Degree 15.2 8.1
Expenditures per Student 30,352 30,352
Students per Teacher 10.2 10.2

Elementary Schools near Saranac Lake, NY

School Grades Students P/T Ratio ZIP
Bloomingdale School KG - 05 176 12.6 12983
L P Quinn Elementary School PK - 06 432 12.7 12986
Petrova Elementary School KG - 05 362 11.3 12983

Middle Schools near Saranac Lake, NY

School Grades Students P/T Ratio ZIP
Saranac Lake Middle School 06 - 08 288 10.7 12983

High Schools near Saranac Lake, NY

School Grades Students P/T Ratio ZIP
Saranac Lake Senior High School 09 - 12 419 12.2 12983
Tupper Lake Middle-High School 07 - 12 371 12.8 12986

Ungraded Schools near Saranac Lake, NY

School Grades Students P/T Ratio ZIP
Sunmount Developmental Center UG - UG 1 12986

Demographics near Saranac Lake, NY

Metric City County
Neighborhood Type Small town
Population 5,003 47,996
Population Density 1,800 30
Median Age 44.3 40.6
People per Household 2 2.3
Median Household Income 54,813 55,279
Average Income per Capita 34,159 27,826