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Mixed-Use Building with Apartments

27 Woodruff Street, Saranac Lake, NY 12983

For Sale
$490,000

Commercial Sale, Saranac Lake, NY

Property Size4,680 SF
Lot Size0.05 Acres
Price / SF$104.70
Days on Market685

Property Features for 27 Woodruff Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 6
Parking features Off Street, Assigned, Parking Lot
Interior features Apartment, Storage
Basement Full, French Drain, Block
Appliances Electric Oven, Electric Range, Refrigerator
Elementary school district Saranac Lake
Middle school district Saranac Lake
High school district Saranac Lake
Directions From Main Street turn right onto Woodruff Street. Property is on your left, 27 Woodruff Street.
Subdivision Saranac Lake, Raybrook
Standard status Active
APN 447.69-7-14
Size 4,680 SF
Lot size 0.05 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Annual Amount 4311

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Oil, Baseboard
Water source Public

Building Details

Year built 1930
Flooring type Laminate, Vinyl, Wood, Carpet
Building materials Block, Concrete, Stucco
Roof type Rolled Hot Mop, Rubber, Flat
Additional Structures Storage
Buildings 1
Listing Agency: Ryan Earle Real Estate, LLC
Listed By: Ryan Earle · License NY #10491209812
Added: Dec 27, 2024 Changed: Oct 28 Last Checked: Nov 11 at 1:06AM
MLS# 203693

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.

Rey
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Investment Insights

Based on property information with market context.

This 4,680-square-foot mixed-use building, constructed in 1930, combines commercial and residential components. The main level includes retail space, rear living quarters, and storage; the retail area was previously used as a hair salon. Four apartments occupy the upper level, comprising three two-bedroom units and one one-bedroom unit. Interior finishes include carpet, vinyl, laminate, and wood flooring, with hot-water baseboard heat served by oil. Electric appliances include an oven, range, and refrigerator.

Building improvements include exterior painting completed in 2024, a new chimney and liner installed in 2024, and a newer hot-water tank serving the property. The 0.05-acre parcel has off-street parking, assigned spaces, and a parking lot. Public water and public sewer serve the property, which has a flat rubber roof and Commercial zoning.

Key Highlights

  • 4,680‑square‑foot mixed‑use building on a 0.05‑acre parcel
  • Four upper‑level apartments: three two‑bedroom units and one one‑bedroom unit
  • Main‑level retail area with rear living space and storage

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Nail Salon (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store HVAC Service

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 12983, NY

7,073
Population
4,664
Households
1.5
Avg Household Size
46
Median Age
43%
College-Educated
93%
High-School Grad
115.8 sq mi
ZIP Area
61
Density / Sq Mi
$64,604
Median Household Income
$39,717
Median Earnings
$845
Median Rent
$207,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned property combining main-level retail, rear living space, and four upper-floor apartments.
Where is this mixed-use property located?
The property is located at 27 Woodruff Street Saranac Lake, NY.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 4,680‑square‑foot mixed‑use building on a 0.05‑acre parcel; Four upper‑level apartments: three two‑bedroom units and one one‑bedroom unit; Main‑level retail area with rear living space and storage
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