Lake Placid, NY Hospitality Properties for Sale

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Saranac Lake, NY Keene, NY Wilmington, NY

$3,200,000

10,750 SF

Historic Inn & Restaurant For Sale

39 Interlaken Avenue, Lake Placid, NY 12946

Turnkey hospitality property in Lake Placid with restaurant.

Established, turnkey hospitality property with a proven reputation in Lake Placid, a highly desirable resort destination.
Prime location steps from Mirror Lake and Lake Placid's Main Street, benefiting from year‑round tourism.
Highly regarded fine‑dining restaurant with diversified revenue streams and strong brand recognition.
Beautifully restored landmark Victorian inn blending Adirondack character with modern systems and amenities.
Versatile property supporting steady occupancy and high‑margin events (weddings, retreats, etc.).

Updated: Nov 11, 2025

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$1,700,000

8,344 SF

Lake Placid Hospitality Investment

5825 Cascade Rd, Lake Placid, NY 12946

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

Prime location in Lake Placid, near Main Street, Olympic venues, and Route 73.
Hospitality investment opportunity with 17 motel rooms plus a separate three‑bedroom residence.
Proximity to major attractions: Olympic Jumping Complex, Mirror Lake, Whiteface Mountain, and High Peaks Wilderness.
Consistent demand across all four seasons due to tourism driven by outdoor recreation and events.
Guest rooms equipped with air conditioning, WiFi, refrigerators, and cable TV.

Updated: Sep 22, 2025

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Lake Placid Recreational Legacy Property

$1,950,000

12,625 SF

Lake Placid Recreational Legacy Property

200-acre property with lodge near Lake Placid's Olympic Village.

4833 Cascade Road, Lake Placid, NY 12946

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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.

Hospitality Property with River Frontage

$850,000

12,850 SF

Hospitality Property with River Frontage

Hospitality property featuring motel units, residence, and river frontage.

7 Springfield Road, Upper Jay, NY 12987

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$6,900,000

21.09 Acres

Iconic Adirondack Nature Attraction

Turnkey tourism business opportunity in the heart of the Adirondacks.

4761 NYS Route 86, Wilmington, NY 12997

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$900,000

3,855 SF

Turnkey Restaurant and Lodging Property

Restaurant and lodging property with river frontage near Whiteface Mountain.

12134 Rt 9N, Upper Jay, NY 12987

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$6,900,000

4,252 SF

Iconic Adirondack Nature Attraction

Turnkey tourism business with waterfalls, restaurant, and retail.

4761 NYS Route 86, Wilmington, NY 12997

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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.

$435,000

1.66 Acres

Vacant Lot in Lake Placid

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

Lake Placid Club Way, Lake Placid, NY 12946

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$1,330,000

45.00 Acres

Land with Raquette Pond Access

Large 45-acre lot with utilities and development potential.

100 Demars Boulevard, Tupper Lake, NY 12986

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$1,330,000

45.00 Acres

Land with Raquette Pond Access

Almost 50 acres with utilities and development potential.

100 Demars Boulevard, Tupper Lake, NY 12986

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$495,000

5.67 Acres

Land on Big Tupper Lake

5.67-acre parcel with 150 feet of lake frontage.

MOTEL • 9,251 SF

Value Estimation

$1,420,000

2764 Main St, Lake Placid, NY 12946-3661

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HOTEL • 12,862 SF

Value Estimation by Request

2135 Saranac Ave, Lake Placid, NY 12946-1151

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821 Mirror Lk Dr

HOTEL • 26,102 SF

Value Estimation

$1,025,000

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

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2548 Main St

HOTEL • 6,244 SF

Value Estimation by Request

2548 Main St, Lake Placid, NY 12946-3303

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10 Conifer Cir Way

CAMPGROUND, RV PARK • 1,320 SF

Value Estimation by Request

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

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5017 Cascade Rd

MOTEL • 3,890 SF

Value Estimation by Request

5017 Cascade Rd, Lake Placid, NY 12946-4117

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2050 Saranac Ave

MOTEL • 4,488 SF

Value Estimation by Request

2050 Saranac Ave, Lake Placid, NY 12946-1177

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2391 Saranac Ave

HOTEL • 19,492 SF

Value Estimation

$2,805,000

2391 Saranac Ave, Lake Placid, NY 12946

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801 Mirror Lk Dr

HOTEL • 78,708 SF

Value Estimation

$4,625,000

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

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Lake Placid, NY Hospitality Properties Investment Opportunities Market Analysis

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 31,719 square feet of properties for sale, with an estimated market value of $6,850,000.

Sale prices for hospitality properties in Lake Placid, NY start at $1,700,000, averaging $2,283,333, 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

Demographics Overview

Population 4,805

Population Growth (5Y) +0.3%

Median Household Income $78,261

College Educated 67.3%

High-Yield Neighborhoods for Strategic Investment

Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the median 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 sq ft

Average Loan-to-Value 65.0%

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Lake Placid, NY Hospitality Properties for Sale

Historic Inn & Restaurant For Sale

Turnkey hospitality property in Lake Placid with restaurant.

Lake Placid Hospitality Investment

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

Lake Placid Recreational Legacy Property

Opportunities in Nearby Cities

Hospitality Property with River Frontage

Iconic Adirondack Nature Attraction

Turnkey Restaurant and Lodging Property

Iconic Adirondack Nature Attraction

Potential Development Sites for Consideration

Vacant Lot in Lake Placid

Land with Raquette Pond Access

Land with Raquette Pond Access

Land on Big Tupper Lake

Off-Market Properties in Lake Placid, NY

6143 Sentinel Rd, Unit 1

2795 Wilmington Rd

2764 Main St

2234 Saranac Ave

2200 Saranac Ave

2302 Saranac Ave

2267 Saranac Ave

5828 Cascade Rd

5825 Cascade Rd

2125 Saranac Ave

2285 Saranac Ave

2187 Saranac Ave

2520 Main St Ste, Unit 1

2135 Saranac Ave

821 Mirror Lk Dr

2548 Main St

10 Conifer Cir Way

5017 Cascade Rd

2050 Saranac Ave

2391 Saranac Ave

801 Mirror Lk Dr

Lake Placid, NY Hospitality Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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