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MLS#203872

1970 Saranac Avenue, Lake Placid

$2,850,000
3.10 ac
Boutique Hotel, Townhomes, Resort or Retreat - the Opportunities are Limitless!This high-profile corner property spans 3.1 acres in a prime Lake Placid location, directly across from the renowned Whiteface Lodge and adjacent to Outpost Plaza and Price Chopper. The property includes an 28-unit apartment building and three standalone cabins, all currently leased, offering immediate income potential while planning future development. With its unmatched mountain views, visibility, significant acreage, and flexible opportunities, this is a rare chance to invest in one of the area's most desirable commercial corridors.
Listing courtesy of The Reynolds Group of Lake Placid, LLC

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Property Information

Price:
$2,850,0002850000
MLS#:
203872
Type:
Commercial
Area: Lake Placid, New York
Acres:
3.10
Zoning:
Commercial
School District:
Lake Placid
Total Taxes:
$12,116
Year Built:
1980
Stories:
2
Garage / Carport:
No