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Mixed-Use Property with Coffee Shop
New
For Sale
$995,000

2364 Saranac Avenue, Lake Placid, NY 12946

Lake Placid, NY

Property SizeContact for details
Days on Market3

Property Features for 2364 Saranac Avenue

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Amenities

expansive views of Mirror Lake and the mountains

Building Details

Year built 1920
Listing Agency: Engel & Volkers Lake Placid · Engel & Völkers
Listed By: Amanda Marie Birchenough-Morrell
Added: Sep 15 Last Checked: Sep 17 at 8:06AM
MLS# 208409

Copyright © 2026 Engel & Völkers. 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.

Built in 1920, this mixed-use property combines commercial and residential improvements in a converted former home. The first floor contains a coffee shop, retail area, and large kitchen. Residential accommodations include five bedrooms and two and a half bathrooms, with additional finished potential in the open third-floor attic. Stained-glass windows, parquet flooring, built-in cabinetry, and distinctive wallpaper provide period character throughout.

A detached two-stall garage is included, with a one-bedroom apartment positioned above it. The property fronts Saranac Avenue in Lake Placid, near Main Street, and offers views of Mirror Lake and the surrounding mountains from the second floor and attic. The stated address is 2364 Saranac Avenue, Lake Placid, NY 12946.

Key Highlights

  • First‑floor coffee shop, retail area, and large kitchen
  • Detached two‑stall garage with one‑bedroom apartment above
  • Five bedrooms and two and a half bathrooms

Property Analytics

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Current Use

A New Leaf Cafe & Coffee Shop

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Furniture & Home Goods Dental Office 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.

Location Intelligence

Trade Area within ½ mile

512
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Apparel 28% Hotels & Casinos 23% Shops & Services 11%
McDonald's Dining
12,751 visits/mo 0.5 miles
Crowne Plaza Lake Placid Hotels & Casinos
7,422 visits/mo 0.4 miles
Eastern Mountain Sports Apparel
6,243 visits/mo 0.1 miles
NBT Bank Shops & Services
3,670 visits/mo 0.2 miles
Life Is Good Apparel
2,834 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial space includes retail use and a large kitchen.
Where is this mixed-use property located?
The property is located at 2364 Saranac Avenue Lake Placid, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: First‑floor coffee shop, retail area, and large kitchen; Detached two‑stall garage with one‑bedroom apartment above; Five bedrooms and two and a half bathrooms
More about this property
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