About This Home

This 0-bedroom, 0-bathroom commercial at 2364 Saranac Avenue in Lake Placid, NY is listed for $995,000. Built in 1920, on a N/A lot.

Key Features

  • Built in 1920

Property Details

1920
Listing Description

High-traffic, high-visibility location with exceptional potential for redevelopment or adaptive reuse. Centrally located on Saranac Avenue, just steps from Main Street, Lake Placid. Formerly a residential home, the property was converted into a commercial space on the first floor including a coffee shop with retail space and a large kitchen.

Listing includes a detached two stall garage with one bedroom apartment above. The house offers five bedrooms, two and a half bathrooms, and expansive views of Mirror Lake and the mountains from the second floor and the open third-floor attic. Timeless details add character throughout, including stained-glass windows, parquet flooring, built-in cabinets, and distinctive wallpaper.

A compelling investment opportunity in Lake Placid, just steps from Main Street. With its prime location, flexible layout, and strong redevelopment potential, this property presents a rare opportunity in one of Lake Placid's most desirable commercial corridors.

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

2364 Saranac Avenue

Lake Placid, NY 12946

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2364 Saranac Avenue is listed at $995,000. The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920.

This property is listed by Amanda Marie Birchenough-Morrell.

AB

Amanda Marie Birchenough-Morrell

Agent at Engel & Volkers Lake Placid

Listed by Engel & Volkers Lake Placid · Broker phone: 5185234404 · Broker website

MLS# 208409· Source: Engel & Völkers· 11 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2364 Saranac Avenue, Lake Placid, NY 12946

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