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Mixed-Use Property with Lake Views
For Sale
$695,000
Pending

137-141 River Street, Saranac Lake, NY 12983

Commercial Sale, Saranac Lake, NY

Property Size8,081 SF
Lot Size0.57 Acres
Days on Market1797

Property Features for 137-141 River Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Parking 15
Parking features Parking Lot, Off Street
Basement Unfinished
Appliances Electric Water Heater
View Water, Lake
Elementary school district Saranac Lake
Middle school district Saranac Lake
High school district Saranac Lake
Directions Look for Lakeview Deli at 137 River Street - Offering includes adjacent parcels 141 River Street, vacant lot on Shepard Ave., 12 Shepard and 16 Shepard. (5 parcels total)
Subdivision Saranac Lake, Raybrook
Standard status Pending
APN 32.214-2-14.017
Size 8,081 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Annual Amount 14223

Utilities

Water source Public

Building Details

Year built 1910
Floors in Building 2
Building materials Frame, Wood Siding
Roof type Composition
Listing Agency: Engel & Volkers Lake Placid Real Estate · Engel & Völkers
Listed By: Colleen Holmes
Added: Oct 3, 2021 Changed: Aug 19 Last Checked: Sep 3 at 5:06PM
MLS# 174802

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.

Investment Insights

Based on property information with market context.

This mixed-use property combines five adjacent parcels totaling 0.57 acres with approximately 8,081 square feet of existing improvements. The buildings date to 1910 and feature frame construction, wood siding, composition roofing, public water, an electric water heater, and both lot and off-street parking. Mixed zoning is in place, and the business formerly operated at the property is not included.

The corner site overlooks Lake Flower along a principal north-south arterial in Saranac Lake. It provides approximately 383 feet of road frontage and sits across from the Lake Flower Boat Launch and Prescott Park. Main Street, Hotel Saranac, Riverside Park, the Saranac Waterfront Lodge, and nearby residential neighborhoods are within walking distance or readily accessible from the property.

The parcel configuration and existing structures offer a basis for redevelopment or adaptive reuse, subject to applicable approvals. The source property information identifies mixed-use, retail, and office-apartment concepts as possible future directions.

Key Highlights

  • Five adjacent parcels totaling 0.57 acres
  • Approximately 8,081 square feet of existing improvements built in 1910
  • Approximately 383 feet of road frontage on a principal north‑south arterial

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Nail Salon HVAC Service Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Hotels & Casinos 43% Electronics 10%
Hotel Saranac, Curio Collection By Hilton Hotels & Casinos
5,365 visits/mo 0.3 miles
NBT Bank Shops & Services
3,384 visits/mo 0.2 miles
Monro Auto Service and Tire Centers Shops & Services
1,681 visits/mo 0.1 miles
Verizon Electronics
1,185 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
799 visits/mo 0.3 miles

Demographics for 12983, NY

7,073
Population
4,664
Households
1.5
Avg Household Size
46
Median Age
43%
College-Educated
93%
High-School Grad
115.8 sq mi
ZIP Area
61
Density / Sq Mi
$64,604
Median Household Income
$39,717
Median Earnings
$845
Median Rent
$207,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing buildings and public water service are present.
Where is this mixed-use property located?
The property is located at 137-141 River Street Saranac Lake, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Five adjacent parcels totaling 0.57 acres; Approximately 8,081 square feet of existing improvements built in 1910; Approximately 383 feet of road frontage on a principal north‑south arterial
More about this property
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