Hospitality

Lake Placid, NY Hospitality Properties for Sale

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Ray Brook, NY Saranac Lake, NY Keene, NY
Lodging Property with Mountain Views
Updated: Jul 6
Lodging Property with Mountain Views

1970 Saranac Avenue, Lake Placid, NY 12946

$2,195,000
14,663 sqft · 3.10 AC lot
3.1‑acre site on Saranac Avenue near the western gateway to the Village of Lake Placid
Panoramic, unobstructed views of Whiteface Mountain (Adirondack High Peaks)
High visibility from Route 86
Currently operates as a 30‑room lodging property across multiple buildings
Parcel supports a meaningful redevelopment footprint
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Historic Victorian Inn and Restaurant
Updated: Nov 11, 2025
Historic Victorian Inn and Restaurant

39 Interlaken Avenue, Lake Placid, NY 12946

$3,200,000
10,750 sqft · 0.53 AC lot
Interlaken Inn & Restaurant built in 1912 and described as beautifully restored
Hospitality property with both a fine‑dining restaurant and guest accommodations
Location: just steps from Mirror Lake and Lake Placid’s Main Street
Hardwood flooring; wood siding exterior
Heating includes baseboard, electric heating, hot water, and oil; cooling via window unit(s)
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Lake Placid Hospitality Investment
Lake Placid Hospitality Investment

5825 Cascade Rd, Lake Placid, NY 12946

$1,700,000
8,344 sqft · 1.10 AC lot

17-room motel with a 3-bedroom home in Lake Placid.

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Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brookside Motor Inn Hospitality Property
Brookside Motor Inn Hospitality Property

7 Springfield Road, Upper Jay, NY 12987

$795,000
12,850 sqft · 5.03 AC lot

Hospitality property with 14 motel units plus on-site residence, apartment, and an on-site laundromat.

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Turnkey Restaurant and Lodging Property
Turnkey Restaurant and Lodging Property

12134 Rt 9N, Upper Jay, NY 12987

$865,000
3,855 sqft · 1.80 AC lot

Restaurant and lodging property with Adirondack-style vacation accommodations.

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Iconic Adirondack Nature Attraction
Iconic Adirondack Nature Attraction

4761 NYS Route 86, Wilmington, NY 12997

$6,900,000
21.09 AC lot

Turnkey tourism business opportunity in the heart of the Adirondacks.

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Turnkey Tourism Attraction Property
Turnkey Tourism Attraction Property

4761 NYS Route 86, Wilmington, NY 12997

$6,900,000
4,252 sqft · 21.09 AC lot

Year-round Adirondack attraction with river frontage, steel walkways, and a lodge featuring retail and commercial dining operations.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot in Lake Placid
Vacant Lot in Lake Placid

Lake Placid Club Way, Lake Placid, NY 12946

$435,000
1.66 AC lot

Rare vacant lot near Lake Placid Club. Ideal dream home.

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Development Land with Pond Shoreline Access
Development Land with Pond Shoreline Access

100 Demars Boulevard, Tupper Lake, NY 12986

$1,330,000
45.00 AC lot

Large mixed-zoned development site with shoreline access to Raquette Pond and existing utilities.

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Land with Raquette Pond Access
Land with Raquette Pond Access

100 Demars Boulevard, Tupper Lake, NY 12986

$1,330,000
45.00 AC lot

Almost 50 acres with utilities and development potential.

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Land on Big Tupper Lake
Land on Big Tupper Lake

1716 NY-30, Tupper Lake, NY 12986

$395,000
5.67 AC lot

5.67-acre parcel with 150 feet of lake frontage.

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Off-Market Properties in Lake Placid, NY

Consider similar Off-Market properties in Lake Placid, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6143 Sentinel Rd, Unit 1
HOTEL

6143 Sentinel Rd, Lake Placid, NY 12946-3577

Unit 1
Value Estimation by Request
5,192 sqft · 0.37 AC lot
View details
2795 Wilmington Rd
MOTEL

2795 Wilmington Rd, Lake Placid, NY 12946-3604

Value Estimation by Request
3,184 sqft · 1.00 AC lot
View details
2764 Main St
MOTEL

2764 Main St, Lake Placid, NY 12946-3661

$1,420,000
Estimated value
9,251 sqft · 2.39 AC lot
View details
2234 Saranac Ave
MOTEL

2234 Saranac Ave, Lake Placid, NY 12946-1184

Value Estimation by Request
3,747 sqft · 0.80 AC lot
View details
2200 Saranac Ave
MOTEL

2200 Saranac Ave, Lake Placid, NY 12946-1184

$1,355,000
Estimated value
10,109 sqft · 0.70 AC lot
View details
2302 Saranac Ave
HOTEL

2302 Saranac Ave, Lake Placid, NY 12946-3378

$1,755,000
Estimated value
36,503 sqft · 1.00 AC lot
View details
2267 Saranac Ave
MOTEL

2267 Saranac Ave, Lake Placid, NY 12946-3387

$2,125,000
Estimated value
3,570 sqft · 1.65 AC lot
View details
5828 Cascade Rd
MOTEL

5828 Cascade Rd, Lake Placid, NY 12946-4143

$2,160,000
Estimated value
2,125 sqft · 1.51 AC lot
View details
5825 Cascade Rd
MOTEL

5825 Cascade Rd, Lake Placid, NY 12946-4144

$770,000
Estimated value
5,280 sqft · 1.10 AC lot
View details
2125 Saranac Ave
HOTEL

2125 Saranac Ave, Lake Placid, NY 12946-1151

$1,995,000
Estimated value
108,675 sqft · 6.25 AC lot
View details
2285 Saranac Ave
MOTEL

2285 Saranac Ave, Lake Placid, NY 12946-3387

$1,345,000
Estimated value
6,952 sqft · 0.80 AC lot
View details
2187 Saranac Ave
MOTEL

2187 Saranac Ave, Lake Placid, NY 12946-1182

$1,520,000
Estimated value
3,505 sqft · 0.84 AC lot
View details
2520 Main St Ste, Unit 1
HOTEL

2520 Main St Ste, Lake Placid, NY 12946-4321

Unit 1
$1,770,000
Estimated value
65,112 sqft · 1.10 AC lot
View details
2135 Saranac Ave
HOTEL

2135 Saranac Ave, Lake Placid, NY 12946-1151

Value Estimation by Request
12,862 sqft · 1.05 AC lot
View details
821 Mirror Lk Dr
HOTEL

821 Mirror Lk Dr, Lake Placid, NY 12946-3829

$1,025,000
Estimated value
26,102 sqft · 0.60 AC lot
View details
2548 Main St
HOTEL

2548 Main St, Lake Placid, NY 12946-3303

Value Estimation by Request
6,244 sqft · 0.67 AC lot
View details
10 Conifer Cir Way
CAMPGROUND, RV PARK

10 Conifer Cir Way, Lake Placid, NY 12946-1886

Value Estimation by Request
1,320 sqft · 22.55 AC lot
View details
5017 Cascade Rd
MOTEL

5017 Cascade Rd, Lake Placid, NY 12946-4117

Value Estimation by Request
3,890 sqft · 5.01 AC lot
View details
2050 Saranac Ave
MOTEL

2050 Saranac Ave, Lake Placid, NY 12946-1177

Value Estimation by Request
4,488 sqft · 2.16 AC lot
View details
2391 Saranac Ave
HOTEL

2391 Saranac Ave, Lake Placid, NY 12946

$2,805,000
Estimated value
19,492 sqft · 7.01 AC lot
View details
801 Mirror Lk Dr
HOTEL

801 Mirror Lk Dr, Lake Placid, NY 12946-3829

$4,625,000
Estimated value
78,708 sqft · 2.60 AC lot
View details

Lake Placid, NY Hospitality Properties Market Trends and Statistics

Explore 36 hospitality properties for sale in Lake Placid, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,094 square feet of properties for sale, with an estimated market value of $4,900,000.

Sale prices for hospitality properties in Lake Placid, NY start at $1,700,000, averaging $2,450,000, and reaching up to $3,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2
Motels 1

Demographics Overview

Population 4,805
Population Growth (5Y) +0.3%
Median Household Income $78,261
College Educated 67.3%

High-Yield Neighborhoods for Investment

Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
12946 $2.3M

Taxes & Financing

Tax Rate (average for all types) 1.49%
Property Tax per SF $18.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Essex County

Retail

Office

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