Hotel Property with Mountain
For Sale
$2,195,000
1970 Saranac Avenue, Lake Placid, NY 12946
Commercial Sale, Lake Placid, NY
Property Size14,663 SF
Lot Size3.10 Acres
Price / SF$149.70
Days on Market47
Property Features for 1970 Saranac Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
14,663 SF
Lot size
3.10 Acres
Taxes and HOA fees
Tax Annual Amount
10814
Building Details
Year built
1900
Listing Agency:
Landvest, Inc.
(518) 576-2297
Listed By:
Matthew Preston Smith
(203) 988-5386
Added: Jul 6
Changed: Aug 19
Last Checked: Aug 21 at 6:06PM
MLS# 207780
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.
This hotel property includes 14,663 square feet across multiple buildings and currently operates with 30 guest rooms. The improvements date to 1900 and are situated on a 3.1-acre parcel, providing a substantial footprint for the existing lodging operation.
The property occupies the western approach to the Village of Lake Placid along Saranac Avenue, with visibility from Route 86 and views toward Whiteface Mountain. Its location and scale support continued hospitality use while offering a substantial setting for future property planning, subject to applicable approvals.
The property occupies the western approach to the Village of Lake Placid along Saranac Avenue, with visibility from Route 86 and views toward Whiteface Mountain. Its location and scale support continued hospitality use while offering a substantial setting for future property planning, subject to applicable approvals.
Key Highlights
- 30‑room lodging property across multiple buildings
- 3.1‑acre parcel with 14,663 square feet of improvements
- Views toward Whiteface Mountain
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
197
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Multi-building lodging property with Whiteface Mountain views and visibility from Route 86.
Where is this hotel located?
The property is located at 1970 Saranac Avenue Lake Placid, NY.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 30‑room lodging property across multiple buildings; 3.1‑acre parcel with 14,663 square feet of improvements; Views toward Whiteface Mountain
