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Main Street Retail Apartment Building
For Sale
Contact for pricing
Pending

2427 Main St, Lake Placid, NY 12946

Mixed-use building on Main Street features eight apartments and retail space with waterfront access to Mirror Lake.

Property Size2,700 SF
Days on Market150

Property Features for 2427 Main St

General Information

Standard status Pending
Size 2,700 SF
Property subtype Retail, Multifamily

Additional Details

Multifamily Units 8
Listing Agency: Berkshire Hathaway HomeServices Adirondack Premier Properties
Listed By: Mark Adler · License #NY
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 7 at 7:24AM

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 Main Street commercial retail and apartment building combines residential income with retail frontage on the street level. The property includes eight apartments and 2,700 sq. ft. of retail space located on the Main St. level.

Located on Mirror Lake with over 40 feet of waterfront, the building offers views of the lake and mountains from the rear.

The existing configuration supports a mixed-use setup with retail on the street and apartments in the upper portions of the building.

Key Highlights

  • Mixed‑use building on Main Street with waterfront access to Mirror Lake
  • Over 40 ft. of waterfront frontage on Mirror Lake
  • Eight apartments plus 2,700 sq. ft. of retail space on the Main St. level

Property Analytics

Current Use

Identity Clothing Store

Suggested Use

Top Pick HVAC Service Dental Office Furniture & Home Goods Storage Facility Auto Repair Shop Carpet & Flooring 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

8
Residential units

Location Intelligence

Trade Area within ½ mile

512
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building on Main Street features eight apartments and retail space with waterfront access to Mirror Lake.
Where is this mixed-use property located?
The property is located at 2427 Main St Lake Placid, NY.
What are key features of this property?
This property features: Mixed‑use building on Main Street with waterfront access to Mirror Lake; Over 40 ft. of waterfront frontage on Mirror Lake; Eight apartments plus 2,700 sq. ft. of retail space on the Main St. level
More about this property
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