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    36 Broadway Saranac Lake, NY 12983

    For Sale
    $699,000

    COMMERCIAL - Saranac Lake, NY

    Property size:
    7,192 SF
    Lot size:
    0.11 Acres
    Days on Market:
    200
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for 36 Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed
    APN
    447.69-7-22
    Parking
    4
    Parking features
    Parking Lot, Off Street, On Street, Garage
    Interior features
    Apartment, Bidet, High Speed Internet, Natural Woodwork, Storage
    Exterior features
    Balcony, Lighting, Private Entrance, Storage
    Size
    7,192 SF
    Lot size
    0.11 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Zoned, Oil, Hot Water(Heating)
    Water source
    Public
    Water front features
    River Access, River Front
    Water front
    1

    Building Details

    Year built
    1923
    Floors in Building
    2
    Flooring type
    Varies
    Building materials
    Brick, Clapboard, Concrete, Frame
    Roof type
    Rubber, Metal, Shingle
    Additional Structures
    Storage

    LaValley Real Estate (518) 359-9440 [email protected]

    Listing agent Matthew Ellis (518) 359-9989

    Listing date May 26, 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

    Mixed-Use Building in Downtown Saranac

    Located in the heart of Downtown Saranac Lake, this mixed-use building offers charm, functionality, and prime riverfront appeal. The property is ideally located on Broadway with a European-style ambiance along the Saranac River. It features four commercial storefronts anchored by long-term tenants including the Leftbank Cafe (10 years), Anne's Crepes (15 years), and the Twin Crystal Rock Shop (12 years). One storefront is currently available. There are three residential apartments including a spacious 1,742 sq ft, 4-bedroom, 3-bath apartment, and two 650 sq ft apartments. The rental units each have their own individual and shared outdoor living and entertaining spaces including a deck with an outdoor bar. There is also a covered balcony with views of the Saranac River. The lower balcony overlooking the river provides seating for Leftbank Cafe patrons. The expansive basement includes garage parking or winter storage for vehicles/boats and a handy workshop. The property is nestled in downtown Saranac Lake, steps from shops, art galleries, and the scenic riverwalk, and blocks from the future new home of Pendragon Theater. The property sits on a 0.11-acre lot and the building size is 7,192 square feet. This Broadway gem is a great find for investors or live/work buyers seeking a property with character, income potential and scenic charm.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Left Bank Café French Restaurant Twin Crystal Rock ... Rock Shop Anne's Crepes French Restaurant twin cyrstal rock ... Rock Shop Left Bank Market Fresh Food Market

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saranac Lake
    County
    Franklin
    State
    New York
    Longitude
    -74.13177
    Latitude
    44.328093

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    FAQs

    What type of property is this?
    Mixed-use property - Iconic mixed-use property with commercial and residential spaces.
    Where is this mixed-use property located?
    The property is located at 36 Broadway Saranac Lake, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Prime Downtown Saranac Lake Riverfront Location: High visibility, European-style ambiance, close to shops and the riverwalk.; - Mixed-Use Property with Established Commercial Tenants: Featuring four storefronts with long-term tenants, providing stable income.; - Spacious Owner's Apartment: A 1,742 sq ft, 4-bedroom, 3-bath apartment, ideal for owner-occupancy.
    (518) 359-9989
    Request Owner's contact information
    36 Broadway Saranac Lake, NY 12983
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    Saranac Lake, NY 12983
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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
    36 Broadway Saranac Lake, NY 12983
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