17-Room Motel with Guest
For Sale
$1,700,000
Pending
5825 Cascade Rd, Lake Placid, NY 12946
Commercial Sale, Lake Placid, NY
Property Size8,344 SF
Lot Size1.10 Acres
Days on Market369
Property Features for 5825 Cascade Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
21
Basement
Full, Crawl Space, Finished
Appliances
Ice Maker, Washer/Dryer, Water Heater
Directions
On Cascade Rd. See RE Sign
Subdivision
Lake Placid
Standard status
Pending
APN
42.74-4-11.000
Size
8,344 SF
Lot size
1.10 Acres
Taxes and HOA fees
Tax Annual Amount
7820
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Zoned
Cooling system
Multi Units
Water source
Public
Amenities
air conditioning
WiFi
refrigerators
cable TV
Building Details
Year built
1975
Floors in Building
2
Building materials
Wood Siding
Roof type
Asphalt
Listing Agency:
Merrill L. Thomas, Inc.
(518) 523-2519
Listed By:
Marie Wigger Morgan
(518) 524-6757
Added: Sep 22, 2025
Changed: Sep 23
Last Checked: Sep 25 at 7:06AM
MLS# 205889
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.
The property includes an 8,344-square-foot motel with 17 guest rooms and a three-bedroom, two-bath home. Guest accommodations include air conditioning, WiFi, refrigerators, and cable TV, while the site also provides on-site parking. Construction features wood siding, an asphalt roof, baseboard heating with zoned controls, and multiple cooling units. Public water and public sewer serve the property.
Positioned along Route 73 in Lake Placid, the motel is minutes from Main Street, local shops, dining, and Olympic venues. The surrounding area includes access to Mirror Lake, the Olympic Jumping Complex, Whiteface Mountain, and the High Peaks Wilderness. The property occupies 1.1 acres and was built in 1975.
Positioned along Route 73 in Lake Placid, the motel is minutes from Main Street, local shops, dining, and Olympic venues. The surrounding area includes access to Mirror Lake, the Olympic Jumping Complex, Whiteface Mountain, and the High Peaks Wilderness. The property occupies 1.1 acres and was built in 1975.
Key Highlights
- 17 guest rooms plus a three‑bedroom, two‑bath home
- 8,344‑square‑foot property on 1.1 acres
- Located along Route 73 in Lake Placid
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Well-served
Demand for This Use
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
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Similar Off Market Nearby
- The Lake Placid Stagecoach Inn — 3 Stage Coach Way, Lake Placid, NY 12946
- Carriage House Motor Inn — 5825 Cascade Rd, Lake Placid, NY 12946
- Rodeway Inn — 5828 Cascade Rd, Lake Placid, NY 12946
- Lake Placid — 5828 Cascade Rd, Lake Placid, NY 12946
- Prague Motor Inn — 6048 Sentinel Rd, Lake Placid, NY 12946
Frequently Asked Questions
What type of property is this?
Motel - Lodging property with guest-room amenities, on-site parking, and an accompanying residential component.
Where is this motel located?
The property is located at 5825 Cascade Rd Lake Placid, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 17 guest rooms plus a three‑bedroom, two‑bath home; 8,344‑square‑foot property on 1.1 acres; Located along Route 73 in Lake Placid
