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    86 Main St Saranac Lake, NY 12983

    For Sale
    $1,275,000

    COMMERCIAL - Saranac Lake, NY

    Property size:
    14,652 SF
    Lot size:
    0.50 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 86 Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Mixed
    APN
    447.77-8-24
    Parking features
    Off Street
    Interior features
    Elevator
    Exterior features
    Lighting
    Basement
    Partially Finished, Unfinished, Exterior Entry
    Accessibility
    Accessible Elevator Installed
    Appliances
    Oil Water Heater
    Size
    14,652 SF
    Lot size
    0.50 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Oil, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1930
    Building materials
    Brick
    Roof type
    Rolled Hot Mop

    Adirondack Premier Properties, Inc. (518) 523-3333

    Listing agent Diane Scholl (518) 524-0422

    Listing date Nov 11, 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

    Saranac Lake Mixed-Use Building

    This four-level commercial building, constructed in 1930, is located in a prime area and offers approximately 14,652 square feet of space on a 0.5-acre lot. The building includes a basement level and an existing elevator that is not currently in use. Each floor provides approximately 3,600 square feet. Renovations were completed in 1995-97 with high-end finishes. The street level is currently configured as medical offices. The second level has current plans for two apartments, one 1,500 square feet and the other 1,000 square feet, with architectural drawings, high loft ceilings, and floor-to-ceiling windows. The third level features a 1,600-square-foot owner-occupied loft apartment with one bedroom, views, and a gas fireplace, with potential for another apartment on that level. The property is zoned mixed-use, offering possibilities for various uses including medical offices, apartments, and residential income. A new owner could possibly apply for a Main Street Franklin County grant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Surgical Eye Care, ... Ophthalmology Clinic Surgical Eye Care, ... Ophthalmologist Duncan Forbes Winter Ophthalmologist

    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
    -74.13111
    Latitude
    44.326688

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    FAQs

    What type of property is this?
    Mixed-use property - Four-level commercial building with renovation potential in prime location.
    Where is this mixed-use property located?
    The property is located at 86 Main St Saranac Lake, NY.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Prime commercial location in Franklin County; - Four-level building with approximately 3600 sq ft per floor; - Existing elevator
    (518) 524-0422
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    86 Main St 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
    86 Main St Saranac Lake, NY 12983
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