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    1927 Saranac Ave Lake Placid, NY 12946

    For Sale
    $1,750,000

    COMMERCIAL - Lake Placid, NY

    Property size:
    8,100 SF
    Lot size:
    3.40 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 1927 Saranac Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    42.6-3-19.200
    Parking features
    Parking Lot, Off Street
    Exterior features
    Lighting
    Basement
    Full, Partially Finished, Exterior Entry
    Appliances
    Electric Water Heater
    Size
    8,100 SF
    Lot size
    3.40 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Baseboard, Radiant Floor, Radiant, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Building materials
    Asphalt, Frame, Wood Siding
    Roof type
    Composition

    Adirondack Premier Properties, Inc. (518) 523-3333

    Listing agent Mark Adler (518) 524-4672

    Listing date Nov 11, 2025

    Copyright © 2025 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.

    Overview

    Lake Placid Commercial Office Building

    This commercial office building, offering over 8,000 square feet of space, is located at the gateway entrance to Lake Placid. Situated on a commercial 3.4-acre lot, the property includes a separate 1.4-acre vacant building lot at the rear. The main level is currently leased as medical and professional office space. The building also features three one-bedroom apartments on the second level, as well as a seven-unit self-storage area in the lower basement level. This location offers various possibilities and is not subject to Village taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnston Linda Obstetrician-Gynecologist Dr. Denis E. ... Family Practice Physician Mrs. Emily Hochwald Nurse Practitioner Dodge Jeffrey A DO Doctor Gannon Barbara V ... Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Essex
    State
    New York
    Longitude
    -74.012295
    Latitude
    44.294556

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    FAQs

    What type of property is this?
    Medical office - High-visibility commercial building with office, apartments, and storage.
    Where is this medical office located?
    The property is located at 1927 Saranac Ave Lake Placid, NY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - High visibility 8,000+ sq. ft. commercial office building at the gateway entrance to Lake Placid.; - Includes a separate 1.4 acre vacant building lot.; - Currently generates income from medical/professional office space, three one-bedroom apartments, and a seven-unit self-storage area.
    (518) 524-4672
    Request Owner's contact information
    1927 Saranac Ave Lake Placid, NY 12946
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1927 Saranac Ave Lake Placid, NY 12946
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