# 5825 Cascade Rd, Lake Placid, NY 12946 > **TL;DR:** commercial, $1,700,000 ($204/sqft), built 1975, 8,344 sqft. > A/C. Est. $9,092/mo. Listed 403 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,700,000 | | Price/sqft | $204 | | Square Feet | 8,344 | | Year Built | 1975 | | Lot Size | 47,916 sqft (1.10 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Pending | | Days on Market | 403 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,596 | | Estimated Insurance | $496 | | **Total** | **$9,092** | ## Key Amenities - A/C ## Property Highlights - Built in 1975 - 1.10 acre lot - 2 stories - 21 parking spaces ## Description ### Agent Description The Carriage House Motel offers a hospitality investment opportunity in the Olympic village of Lake Placid. The property has 17 Rooms and a three-bedroom, two-bath home. Located along Route 73, just minutes from Main Street and Lake Placid's shops, dining, and Olympic venues, this well-positioned property benefits from tourism driven by outdoor recreation, international sporting events, and the natural beauty of the Adirondacks. The motel features a mix of guest rooms, each with air conditioning, WiFi, and in-room conveniences such as refrigerators and cable TV, and ample on-site parking. The Carriage House Motel combines strong location appeal with a practical lodging format that caters to budget-conscious travelers, families, and groups. Proximity to major attractions such as the Olympic Jumping Complex, Mirror Lake, Whiteface Mountain, and the High Peaks Wilderness ensures consistent demand across all four seasons. This offering presents investors with the chance to own a stable, hospitality asset in one of the Northeast's most desirable mountain resort destinations. ## Location - **Address:** 5825 Cascade Rd, Lake Placid, NY 12946 - **County:** Essex - **Coordinates:** 44.268847, -73.975489 - **Google Maps:** https://www.google.com/maps?q=44.268847,-73.975489 ## Listing Agent - **Name:** Marie Wigger Morgan - **Brokerage:** Merrill L. Thomas, Inc. - **Broker Phone:** 5185232519 - **Listing URL:** [View original listing](http://www.usamls.net/adirondack-champlainvalley/?mls_number=205889&content=expanded&this_format=0) ## Photos ![5825 Cascade Rd - Photo 1](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f1734429933r.jpg) ![5825 Cascade Rd - Photo 2](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f549293285r.jpg) ![5825 Cascade Rd - Photo 3](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f50194341r.jpg) ![5825 Cascade Rd - Photo 4](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f4093550956r.jpg) ![5825 Cascade Rd - Photo 5](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f27294056r.jpg) ![5825 Cascade Rd - Photo 6](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f2150705253r.jpg) ![5825 Cascade Rd - Photo 7](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f1310053649r.jpg) ![5825 Cascade Rd - Photo 8](http://lh.rdcpix.com/b0d2022ba1a36ec1304d5aad5e86e915l-f2283798733r.jpg) --- **MLS#:** 205889 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/5825-cascade-rd-lake-placid-ny-12946-4285b9a780fc4874a21d60c67a6583f6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5825-cascade-rd-lake-placid-ny-12946-4285b9a780fc4874a21d60c67a6583f6#listing", "url": "https://www.propertysimple.ai/listing/5825-cascade-rd-lake-placid-ny-12946-4285b9a780fc4874a21d60c67a6583f6", "name": "5825 Cascade Rd, Lake Placid, NY 12946", "description": "The Carriage House Motel offers a hospitality investment opportunity in the Olympic village of Lake Placid. The property has 17 Rooms and a three-bedroom, two-bath home. 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