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245 Station Street Lake Placid, NY 12946

View on Map
Pending
$450,000

MULTI_FAMILY - Other - Lake Placid, NY

Property size:
1,800 SF
Added:
Mar 4, 2026
Days on Market:
34
Last Refresh:
Apr 7 at 10:06 am

Property Features for 245 Station Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Interior features
Apartment
Basement
Crawl Space
Appliances
Electric Range, Microwave, Refrigerator
Standard status
Pending
APN
42.238-1-6.000
Size
1,800 SF

Taxes and HOA fees

Tax Annual Amount
3549

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Spray Foam Insulation
Roof type
Metal
Architectural style
Other

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Listing Contact
Kelsey Stanton

Listing agent Kelsey Stanton

Listing office Merrill L. Thomas, Inc. 2469 Main Street, Lake Placid, NY

Listing date Mar 4, 2026

MLS# 206655

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 Two-Unit Property

Located in a quiet residential neighborhood of Lake Placid, this two-unit property, known as Bear's Den, offers both accommodations and an investment opportunity. Currently operated as a vacation rental with a base of repeat guests, the property features two separate apartments. The first floor includes a two-bedroom, one-and-a-half-bathroom apartment with living space and a fully equipped kitchen. The second floor offers a one-bedroom apartment with two bathrooms and an open layout. Both apartments provide space for guests. The property is located at the start of the Adirondack Rail Trail, allowing for walking, biking, or skiing directly from the property. It is also less than a mile from Main Street, with Lake Placid's restaurants, shops, Olympic venues, and the shoreline of Mirror Lake. The property has proven to be a profitable vacation rental. The current owner is willing to transfer existing bookings and provide income history for both units. The property is presently operated under a lodging permit, and a new owner would need to apply for the appropriate permits to continue operating the property as a short term rental. The property size is 1800 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store 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
-73.985948
Latitude
44.276641

FAQs

What type of property is this?
Duplex - Two-unit property near Adirondack Rail Trail and Main Street.
Where is this duplex located?
The property is located at 245 Station Street Lake Placid, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Turnkey vacation rental property with proven income history and existing bookings transferable to the new owner.; Prime location directly on the Adirondack Rail Trail for immediate access to outdoor activities.; Less than a mile from Lake Placid's Main Street, offering convenient access to restaurants, shops, Olympic venues, and Mirror Lake.
More about this property
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