Five-Unit Apartment
For Sale
$695,000
115 Main Street, Saranac Lake, NY 12983
Commercial Sale, Saranac Lake, NY
Property Size3,740 SF
Lot Size0.29 Acres
Price / SF$185.83
Days on Market131
Property Features for 115 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Driveway
Interior features
Apartment, Built-in Features, Ceiling Fan(s), Entrance Foyer, High Speed Internet, Primary Downstairs
Exterior features
Lighting, Private Entrance, Private Yard
Fencing
Privacy
Basement
Walk-Out Access, Full, Partially Finished
Appliances
Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Elementary school district
Saranac Lake
Middle school district
Saranac Lake
High school district
Saranac Lake
Directions
Located across from the hotel saranac and next door to the saranac lake library
Subdivision
Saranac Lake, Raybrook
Standard status
Active
APN
447.77-4-4
Size
3,740 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
8498
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil
Water source
Public
Building Details
Year built
1892
Floors in Building
3
Number of units
3
Flooring type
Vinyl, Tile, Carpet
Building materials
Wood Siding
Roof type
Asphalt
Listing Agency:
Say Real Estate
(518) 524-7070
Listed By:
Kristina Clifford
(518) 354-0542
Added: Apr 28
Changed: Sep 4
Last Checked: Sep 5 at 5:06AM
MLS# 207049
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.
Built in 1892, this 3,740-square-foot Colonial Revival property contains five residential units within a well-maintained multifamily layout. Interior features include built-in elements, an entrance foyer, ceiling fans, high-speed internet availability, and a primary bedroom on the main level. The property includes a driveway, private yard, privacy fencing, wood siding, asphalt roofing, and a mix of carpet, tile, and vinyl flooring. Recent improvements have been made while retaining the building’s original character.
Positioned at the intersection of Main Street and Church Street in Saranac Lake, the property is near Hotel Saranac, the Trudeau building, Pendragon Theatre, Berkley Green, the rail trail, and Rivertrail Beerworks. Commercial zoning, public water, public sewer, and cable availability support the property’s existing multifamily use and broader commercial context.
Positioned at the intersection of Main Street and Church Street in Saranac Lake, the property is near Hotel Saranac, the Trudeau building, Pendragon Theatre, Berkley Green, the rail trail, and Rivertrail Beerworks. Commercial zoning, public water, public sewer, and cable availability support the property’s existing multifamily use and broader commercial context.
Key Highlights
- Five residential units in a 3,740‑square‑foot multifamily property
- 0.29‑acre parcel with a driveway, private yard, and privacy fencing
- Built in 1892 with Colonial Revival design and wood siding
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Explore this area
Business Placement
Demographics for 12983, NY
7,073
Population
4,664
Households
1.5
Avg Household Size
46
Median Age
43%
College-Educated
93%
High-School Grad
115.8 sq mi
ZIP Area
61
Density / Sq Mi
$64,604
Median Household Income
$39,717
Median Earnings
$845
Median Rent
$207,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Commercially zoned multifamily property with private entrances, updated interiors, and preserved historic character.
Where is this apartment building located?
The property is located at 115 Main Street Saranac Lake, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Five residential units in a 3,740‑square‑foot multifamily property; 0.29‑acre parcel with a driveway, private yard, and privacy fencing; Built in 1892 with Colonial Revival design and wood siding
