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Mixed-Use Property with Apartments
New
For Sale
$2,060,000

2276-2284 Saranac Avenue, Lake Placid, NY 12946

Commercial Sale, Lake Placid, NY

Property Size9,227 SF
Lot Size0.95 Acres
Price / SF$223.26
Days on Market2

Property Features for 2276-2284 Saranac Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Laundry Room
Parking 20
Parking features Parking Lot, Driveway, Off Street
Exterior features Garden
Basement Walk-Out Access, Partial
Accessibility Accessible Approach with Ramp
Elementary school district Lake Placid
Middle school district Lake Placid
High school district Lake Placid
Directions From Main Street Lake Placid, follow route 86 toward Saranac Lake, pass St. Agnes church and school, property is 4th on the left, across from BOHO hotel.
Subdivision Lake Placid
Standard status Active
APN 42.142-4-1.002
Size 9,227 SF
Lot size 0.95 Acres

Taxes and HOA fees

Tax Annual Amount 9776

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Water source Public

Amenities

coin-operated tenant laundry
side garden
storage shed
individual storage bins
kitchen
conference room
half bath

Building Details

Year built 1948
Floors in Building 3
Flooring type Tile, Carpet
Building materials Wood Siding
Roof type Metal
Listing Agency: Engel & Volkers Lake Placid Real Estate · Engel & Völkers
Listed By: Brenda Goulette
Added: Aug 22 Changed: Aug 23 Last Checked: Aug 23 at 4:06PM
MLS# 208212

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 mixed-use offering includes two commercial buildings and a detached cottage across 0.95 acres. The primary building at 2276 Saranac Avenue contains 10 units: eight apartments and two main-level office spaces. The apartment mix includes two studios, four one-bedroom units, and two two-bedroom units. A separate one-bedroom, one-bath cottage is positioned behind the building. Shared features include coin-operated laundry, a garden, and a storage shed.

The second building at 2284 Saranac Avenue provides four office units with lower-level common areas and tenant amenities. These include individual storage bins, a kitchen with sink and refrigerator/freezer, a conference room, half bath, and additional storage. The property offers 9,227 square feet, on-site parking through a parking lot, driveway, and off-street spaces, plus public water and public sewer. Built in 1948, the buildings feature wood siding, metal roofing, tile and carpet flooring, electric baseboard heating, and an accessible ramp approach.

Key Highlights

  • 10‑unit mixed‑use building with 8 apartments and 2 main‑level office spaces
  • Apartment mix includes 2 studios, 4 one‑bedroom units, and 2 two‑bedroom units
  • Separate 1‑bedroom, 1‑bath cottage behind the main building

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Grocery & Convenience Store Garden Center Furniture & Home Goods 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

6
Office units
9
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

471
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 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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine residential units, office suites, a cottage, parking, and shared tenant amenities.
Where is this mixed-use property located?
The property is located at 2276-2284 Saranac Avenue Lake Placid, NY.
What is the asking price?
The asking price for this property is $2,060,000.
What are key features of this property?
This property features: 10‑unit mixed‑use building with 8 apartments and 2 main‑level office spaces; Apartment mix includes 2 studios, 4 one‑bedroom units, and 2 two‑bedroom units; Separate 1‑bedroom, 1‑bath cottage behind the main building
More about this property
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