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    2345 Saranac Ave Lake Placid, NY 12946

    Sponsored
    For Sale
    $2,450,000

    COMMERCIAL - Lake Placid, NY

    Property size:
    7,743 SF
    Lot size:
    0.85 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 2345 Saranac Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    Mixed
    APN
    42.142-3-1.210
    Parking features
    Parking Lot, Off Street
    Interior features
    Granite Counters, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Natural Woodwork, Track Lighting
    Exterior features
    Balcony, Lighting
    Basement
    Crawl Space
    Appliances
    Bar Fridge, Dishwasher, Freezer, Ice Maker, Propane Cooktop, Range Hood, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Walk-In Cooler(s)
    Size
    7,743 SF
    Lot size
    0.85 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Electric (Heating), Baseboard
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1979
    Flooring type
    Carpet, Concrete
    Roof type
    Asphalt, Shingle

    Merrill L. Thomas, Inc. (518) 523-2519

    Listing agent Jennifer Ledger (518) 524-4093

    Listing date Jan 7, 2026

    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.

    Overview

    Lake Placid Commercial Opportunity

    This distinctive property in Lake Placid, New York, offers a unique commercial opportunity. Formerly the Austrian Welcome Center for the 1980 Olympic Games, the property served as a gathering place for athletes, spectators, government officials, sponsors, and revelers during the XIII Olympic Games. More recently, it has housed a coffeehouse, restaurant, and sporting goods store, solidifying its role as a community and visitor hub. The property offers visibility and exposure for various commercial or mixed-use concepts. The three-parcel assemblage includes approximately 0.85 acres of open land, suitable for future development, expansion, or additional parking. The 7,743 square foot building features a post and beam ceiling design. A fully equipped commercial kitchen and bar provide flexibility for a coffee shop, bakery, wedding or event venue, reception space, offices, arts or continuing education programming, cooking classes, live music, gallery installations, or a combination of these uses. The property is zoned mixed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -73.987374
    Latitude
    44.29235

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    FAQs

    What type of property is this?
    Restaurant - Unique commercial property with development potential in Lake Placid, NY.
    Where is this restaurant located?
    The property is located at 2345 Saranac Ave Lake Placid, NY.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: - Historically significant property: Served as the Austrian Welcome Center for the 1980 Winter Olympics in Lake Placid.; - Versatile commercial space: Features a fully equipped commercial kitchen and bar, suitable for a variety of businesses.; - High visibility and exposure: Ideal for attracting customers and clients.
    (518) 524-4093
    Request Owner's contact information
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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

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    Cap approach

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    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
    2345 Saranac Ave Lake Placid, NY 12946
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