This Hospitality Property is no longer advertised on LoopNet.com.

2187 Saranac Ave
Lake Placid, NY 12946
Placid Bay Inn On Placid Lake · Hospitality Property For Sale · 10,150 SF

Investment Highlights

  • Located walking distance to downtown, directly on the Lake of Lake Placid, gorgeous views of Whiteface Mountain, 3 deep water docks, In-ground pool
  • Front of property in the village of Lake Placid, Large backyard is scenic and peaceful

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.84 AC
Building Size 10,150 SF
No. Stories 2
Year Built/Renovated 1968/2010
Parking Ratio 2.26/1,000 SF
Corridor Exterior
Zoning Commercial

Amenities

  • Balcony
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Digital key

About 2187 SARANAC AVE , LAKE PLACID, NY 12946

Property is made up of 4 buildings. The office building has 7 updated hotel style rooms, front office, back office, laundry room and attached owners apartment. The second building is an "L" shaped building with 12 units that have been recently updated with new bathrooms, furniture, windows, insulation, siding, and A/C units, eight of these units have kitchenettes. The Mallard cottage is newer construction that has 2 bedrooms upstairs, kitchen/living room with gas fireplace, front porch facing the Lake and Whiteface Mountain, and full bath. The fourth building is a 3 bedroom cottage that we have just renovated which is the closest to the Lake. This unit includes full eat-in kitchen, living room with gas fireplace, full bath, large front porch with beautiful views of Lake Placid and Whiteface Mountain, and three bedrooms upstairs. We offer our guests use of our canoes and kayaks, and have Adirondack chairs and picnic tables for their and your enjoyment.

Property Taxes

Property Taxes

Parcel Number
154001-042-125-0002-010-011-0000
Land Assessment
$1,143,000
Improvements Assessment
$489,800
Total Assessment
$1,632,800
  • Listing ID: 18402124

  • Date on Market: 2/4/2020

  • Last Updated:

  • Address: 2187 Saranac Ave, Lake Placid, NY 12946

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