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Motel with On-Site Parking
For Sale
$1,700,000
Pending

5825 Cascade Rd, Lake Placid, NY 12946

COMMERCIAL - Lake Placid, NY

Property Size8,344 SF
Lot Size1.10 Acres
Days on Market321

Property Features for 5825 Cascade Rd

General Information

Property type Commercial Sale
Property subtype Other
Parking 21
Basement Full, Finished, Crawl Space
Appliances Ice Maker, Washer/Dryer, Water Heater
Directions On Cascade Rd. See RE Sign
Subdivision Lake Placid
Standard status Pending
APN 42.74-4-11.000
Size 8,344 SF
Lot size 1.10 Acres

Taxes and HOA fees

Tax Annual Amount 7820

Utilities

Sewer type Public Sewer
Heating system Zoned, Baseboard
Cooling system Multi Units
Water source Public

Amenities

air conditioning
WiFi
refrigerators
cable TV

Building Details

Year built 1975
Floors in Building 2
Building materials Wood Siding
Roof type Asphalt
Listing Agency: Merrill L. Thomas, Inc.
Listed By: Marie Wigger Morgan
Added: Sep 22, 2025 Changed: Aug 4 Last Checked: Aug 8 at 11:06PM
MLS# 205889

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.

The Carriage House Motel is a hospitality property with 17 rooms, plus a three-bedroom, two-bath home on the premises. Guest rooms include air conditioning, WiFi, refrigerators, and cable TV, with practical in-room conveniences to support a range of travelers. The motel’s improvements include wood siding, an asphalt roof, and baseboard heating described as zoned, along with multi-unit cooling.

Located along Route 73 in Lake Placid, the property is positioned minutes from Main Street and the area’s shops, dining, and Olympic venues. Public water and public sewer service support the site, and the property includes ample on-site parking.

Built in 1975, the offering totals approximately 1.1 acres (8,344 square feet) and includes appliances such as an ice maker, washer/dryer, and water heater.

Key Highlights

  • 17 guest rooms with air conditioning, WiFi, refrigerators, and cable TV
  • Three‑bedroom, two‑bath home on the property
  • 1.1 acres totaling 8,344 square feet

Property Analytics

Current Use

Carriage House Motor ... Hotel & Motel

Suggested Use

Top Pick Dental Office Parking Lot & Garage Building Supply Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Carriage House Motor Inn 5825 Cascade Rd, Lake Placid, NY 12946
  • The Lake Placid Stagecoach Inn 3 Stage Coach Way, Lake Placid, NY 12946
  • Prague Motor Inn 6048 Sentinel Rd, Lake Placid, NY 12946
  • Rodeway Inn 5828 Cascade Rd, Lake Placid, NY 12946
  • Lake Placid 5828 Cascade Rd, Lake Placid, NY 12946

Frequently Asked Questions

What type of property is this?
Motel - Carriage House Motel in Lake Placid with 17 rooms, guest in-room amenities, and ample on-site parking on public utilities.
Where is this motel located?
The property is located at 5825 Cascade Rd Lake Placid, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 17 guest rooms with air conditioning, WiFi, refrigerators, and cable TV; Three‑bedroom, two‑bath home on the property; 1.1 acres totaling 8,344 square feet
More about this property
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