Lakefront Hotel with
For Sale
Contact for pricing
2187 Saranac Avenue, Lake Placid, NY 12946
Lodging property with guest rooms, cottages, docks, an in-ground pool, and direct access to Lake Placid.
Property SizeContact for details
Days on Market145
Property Features for 2187 Saranac Avenue
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Business Included
Yes
Amenities
in ground pool
canoes/kayaks
3 docks
Building Details
Buildings
4
Listing Agency:
Howard Hanna Real Estate Services Inc Queensbury/Glens Falls/Lake George
Listed By:
Allen Van Hoff · License #10401211931
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 8:51AM
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 Howard Hanna Real Estate Services Inc Queensbury/Glens Falls/Lake George
Investment Insights
Based on property information with market context.
Placid Bay Inn is a four-building lodging property at 2187 Saranac Avenue in Lake Placid, New York, positioned directly on Lake Placid. The main office building contains 7 updated rooms and a manager’s apartment, while a second building provides 12 fully remodeled rooms and suites. Two additional accommodations include a lakeside 2-bedroom cottage and a 3-bedroom cottage, each with a kitchen, living room, and fireplace.
The property includes 158 ft. of lakefront, three docks with deep-water access, an in-ground pool, canoes, kayaks, and landscaped grounds. Whiteface Mountain views and proximity to Main Street further define the setting. An online reservation system includes 8,700 customers and a 60% return rate. The main building has also been identified as a possible restaurant or vacation-rental conversion opportunity, subject to applicable approvals.
The property includes 158 ft. of lakefront, three docks with deep-water access, an in-ground pool, canoes, kayaks, and landscaped grounds. Whiteface Mountain views and proximity to Main Street further define the setting. An online reservation system includes 8,700 customers and a 60% return rate. The main building has also been identified as a possible restaurant or vacation-rental conversion opportunity, subject to applicable approvals.
Key Highlights
- Four‑building lodging property with 7 updated rooms, 12 remodeled rooms and suites, and two lakeside cottages
- 158 ft. of Lake Placid lakefront with three docks and deep‑water access
- Two cottages include kitchens, living rooms, and fireplaces; layouts are 2‑bedroom and 3‑bedroom
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Hotel - Lodging property with guest rooms, cottages, docks, an in-ground pool, and direct access to Lake Placid.
Where is this hotel located?
The property is located at 2187 Saranac Avenue Lake Placid, NY.
What are key features of this property?
This property features: Four‑building lodging property with 7 updated rooms, 12 remodeled rooms and suites, and two lakeside cottages; 158 ft. of Lake Placid lakefront with three docks and deep‑water access; Two cottages include kitchens, living rooms, and fireplaces; layouts are 2‑bedroom and 3‑bedroom
