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Street-Level Restaurant Space
For Lease
$4,900/Mo

2375 Saranac Avenue, Lake Placid, NY 12946

Commercial Lease, Lake Placid, NY

Space SizeContact for details
Lot Size0.47 Acres
Days on Market208

Property Features for 2375 Saranac Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Parking 60
Parking features Parking Lot
Exterior features Courtyard, Lighting
Accessibility Accessible Approach with Ramp
Appliances Built-In Gas Oven, Built-In Gas Range, Built-In Refrigerator, Cooktop, Dishwasher, Electric Water Heater, Free-Standing Freezer, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop
View Lake
Directions From Main Street, turn left on Saranac Avenue. Property is on the right.
Subdivision Lake Placid
Standard status Active
APN 42.142-3-5.006
Size 2,090 SF
Lot size 0.47 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1970
Floors in Building 1
Flooring type Combination, Tile - Ceramic, Concrete
Building materials Wood Siding
Roof type Shingle, Membrane, Mixed
Listing Agency: Coldwell Banker Whitbeck Assoc Tupper Lake
Listed By: Matthew Ellis
Added: Mar 12 Changed: Oct 2 Last Checked: Oct 5 at 4:06AM
MLS# 206712

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 2,090-square-foot restaurant space occupies the lower level of Laurel Lake Placid and has its own private entrance for independent operations. The existing configuration includes a dining or retail area, commercial kitchen and storage space, two restrooms, and a 7' x 9' walk-in cooler. Built-in gas and electric cooking equipment, refrigeration, a dishwasher, and a freezer are included. Ceramic tile, concrete, and combination flooring are installed throughout.

The property fronts Saranac Avenue with approximately 60 feet of road frontage and is positioned in downtown Lake Placid near Mirror Lake, shops, restaurants, and year-round attractions. A 30' x 60' courtyard or patio provides additional outdoor space. The property also includes a parking lot, accessible ramp approach, public water, and public sewer.

Key Highlights

  • 2,090 square feet of restaurant space
  • Approximately 60 feet of road frontage on Saranac Avenue
  • Fully equipped kitchen with built‑in cooking equipment, refrigeration, dishwasher, and freezer

Property Analytics

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Current Use

Bluebird Lake Placid Hotel & Motel

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Dental Office Storage Facility Auto Parts 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

NNN (Triple Net)
Lease Type
$4.22 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
25k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 50% Apparel 36% Shops & Services 14%
McDonald's Dining
12,751 visits/mo 0.4 miles
Eastern Mountain Sports Apparel
6,243 visits/mo 0.3 miles
NBT Bank Shops & Services
3,670 visits/mo 0.3 miles
Life Is Good Apparel
2,834 visits/mo 0.4 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?
Conventional restaurant - Configured for food service with a fully equipped kitchen, two restrooms, and a private entrance.
Where is this conventional restaurant located?
The property is located at 2375 Saranac Avenue Lake Placid, NY.
What is the lease rate?
The lease rate is $4,900/Mo.
What are key features of this property?
This property features: 2,090 square feet of restaurant space; Approximately 60 feet of road frontage on Saranac Avenue; Fully equipped kitchen with built‑in cooking equipment, refrigeration, dishwasher, and freezer
More about this property
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