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1915 Saranac Ave 4,800 SF 100% Leased Retail Building Lake Placid, NY 12946 $950,000 ($197.92/SF)
Investment Highlights
- Western boundary borders NYS Forever Wild land
- High Traffic, High Visibility, Ample Parking, Great Location
- Current Tenants would like to stay but can vacate prior to closing
Executive Summary
Prime commercial opportunity in a highly visible and easily accessible location, offering exceptional potential for retail, office, professional, service-based, or investment use. This versatile property features a flexible floor plan with generous space that can be tailored to a variety of business needs, making it ideal for entrepreneurs, investors, or expanding operations seeking a strategic location with endless possibilities. Enhancing its appeal, the property borders protected New York State ''Forever Wild'' land along its western boundary, providing a rare sense of privacy, natural beauty, and permanently preserved surroundings. The peaceful Adirondack setting creates a distinctive blend of commercial convenience and scenic character seldom found in today's market. With outstanding exposure, easy year-round access, and tremendous potential for customization or future growth, this property presents a unique opportunity to establish your business in a location that offers both visibility and lasting value.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,800 SF
Building Class
C
Year Built
1993
Price
$950,000
Price Per SF
$197.92
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.46 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 154089-042-006-0003-018-000-0000 | Improvements Assessment | $532,100 |
| Land Assessment | $310,200 | Total Assessment | $842,300 |
Property Taxes
Parcel Number
154089-042-006-0003-018-000-0000
Land Assessment
$310,200
Improvements Assessment
$532,100
Total Assessment
$842,300
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1915 Saranac Ave
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