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Street-Facing Storefront Property
For Sale
$850,000

2192 Saranac Avenue, Lake Placid, NY 12946

Commercial Sale, Lake Placid, NY

Property Size3,445 SF
Lot Size0.30 Acres
Price / SF$246.73
Days on Market608

Property Features for 2192 Saranac Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 15
Parking features Parking Lot, Off Street
Interior features High Ceilings, High Speed Internet, Vaulted Ceiling(s)
Exterior features Lighting
Appliances Water Heater
Elementary school district Lake Placid
Middle school district Lake Placid
High school district Lake Placid
Directions Saranac Ave in Lake Placid to 2192.
Subdivision Lake Placid
Standard status Active
APN 42.141-4-1.000
Size 3,445 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Annual Amount 7619

Utilities

Utilities Propane
Sewer type Public Sewer
Heating system Radiant, Radiant Floor, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2003
Floors in Building 1
Flooring type Vinyl
Building materials Block, Metal Siding, Wood Siding
Roof type Rolled Hot Mop
Listing Agency: Berkshire Hathaway HomeServices Adirondack Premier Properties
Listed By: Mark Adler
Added: Jan 10, 2025 Changed: Sep 4 Last Checked: Sep 10 at 9:06AM
MLS# 203740

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 3,445-square-foot commercial building was constructed in 2003 and offers a flexible storefront layout with high ceilings, vaulted ceiling areas, and large windows oriented toward Saranac Avenue. Central air, electric radiant floor heating, public water, public sewer, and propane service support the property. Construction includes block, metal siding, and wood siding, with vinyl flooring and a rolled hot mop roof.

The property occupies 0.3 acres in Lake Placid and includes off-street parking in a dedicated parking lot. Shops, restaurants, and Lake Placid tourist attractions are located minutes away. The real property is currently leased long term, and the tenant holds a first right of refusal following a purchase offer. The property is zoned Commercial.

Key Highlights

  • 3,445 square feet of commercial space on 0.3 acres
  • Large windows facing Saranac Avenue
  • Currently leased long term with tenant first right of refusal

Property Analytics

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Current Use

CrossFit Lake Placid Gym & Fitness Center

Suggested Use

Top Pick Electrical Service Auto Repair Shop Grocery & Convenience Store Garden Center Furniture & Home Goods Storage Facility

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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby
70k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 41% Groceries 36% Dining 18% Hotels & Casinos 5%
Hannaford Groceries
24,818 visits/mo 0.4 miles
Marshalls Apparel
20,745 visits/mo 0.5 miles
McDonald's Dining
12,751 visits/mo 0.1 miles
Eastern Mountain Sports Apparel
6,243 visits/mo 0.5 miles
Quality Inn on Lake Placid Hotels & Casinos
3,641 visits/mo 0.3 miles

Demographics for 12946, NY

5,217
Population
3,923
Households
1.3
Avg Household Size
46
Median Age
46%
College-Educated
94%
High-School Grad
137.2 sq mi
ZIP Area
38
Density / Sq Mi
$78,261
Median Household Income
$38,845
Median Earnings
$982
Median Rent
$443,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Storefront property - Commercial building with prominent windows, off-street parking, and an existing long-term lease.
Where is this storefront property located?
The property is located at 2192 Saranac Avenue Lake Placid, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,445 square feet of commercial space on 0.3 acres; Large windows facing Saranac Avenue; Currently leased long term with tenant first right of refusal
More about this property
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