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Four-Level Mixed-Use Commercial Building
For Sale
Contact for pricing
Pending

191 River St, Saranac Lake, NY 12983

Four-level building with an in-place elevator and renovated high-end finishes, featuring medical offices on street level.

Property Size14,400 SF
Days on Market144

Property Features for 191 River St

General Information

Standard status Pending
Size 14,400 SF
Property subtype Retail

Additional Details

Multifamily Units 1

Amenities

elevator
gas fireplace
floor to ceiling windows

Building Details

Year Built 1906
Year Renovated 1997
Stories 4
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Adirondack Premier Properties
Listed By: Diane Scholl · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Sep 1 at 2:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Adirondack Premier Properties

Investment Insights

Based on property information with market context.

This four-level commercial building includes a basement level and an existing elevator that is not currently used. The property was renovated in 1995–97 and features high-end finishes throughout. Street level is currently configured for medical offices.

The second level has current plans for two 1-bedroom apartments, with architectural drawings in place; one unit is shown as approximately 1,500 square feet and the other approximately 1,000 square feet, with work scheduled to commence in two weeks. The third level is the owner-occupied apartment, described as a high-end 1-bedroom 1,600-square-foot loft with views and a gas fireplace. The property notes potential for another apartment on the third level.

A new owner could potentially apply for a Main Street Franklin County Grant, as referenced in the remarks.

Key Highlights

  • Four‑level commercial building with an in‑place elevator (currently not used) and a basement level.
  • Renovated in 1995–97 with high‑end finishes; each floor is approximately 3,600 SF.
  • Street level has medical offices.

Property Analytics

Current Use

Guide Boat Realty ... Real Estate Agency

Suggested Use

Top Pick Building Supply Nail Salon HVAC Service Law Firm Skin Care Clinic (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

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby
Balanced
Demand for This Use

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Similar Off Market Nearby

  • Adirondack Park Pet Hospital 25 Brandy Brook, Saranac Lake, NY 12983
  • Donis Kate DVM Saranac Lake, NY 12983

Frequently Asked Questions

What type of property is this?
Medical Office Space - Four-level building with an in-place elevator and renovated high-end finishes, featuring medical offices on street level.
Where is this medical office space located?
The property is located at 191 River St Saranac Lake, NY.
What are key features of this property?
This property features: Four‑level commercial building with an in‑place elevator (currently not used) and a basement level.; Renovated in 1995–97 with high‑end finishes; each floor is approximately 3,600 SF.; Street level has medical offices.
More about this property
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