Established Restaurant and Bar
For Sale
$595,000
74 Main St, Saranac Lake, NY 12983
Turnkey restaurant and bar for sale in Saranac Lake.
Property SizeContact for details
Days on Market319
Property Features for 74 Main St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$7,554
Listing Agency:
Coldwell Banker Whitbeck Assoc. Plattsburgh
(518) 562-9999
Listed By:
Peter J. Whitbeck · License #10311207656
(518) 578-0165
Source:
Exprealty
Added: Nov 4, 2025
Changed: Sep 18
Last Checked: Sep 18 at 11:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Whitbeck Assoc. Plattsburgh
Investment Insights
Based on property information with market context.
The Downhill Grill, a restaurant and bar established in 1997, is available for purchase. This turnkey property is located in the heart of Saranac Lake. The property is centrally situated in a community known for hosting major events. It is adjacent to the Main Street municipal parking lot. The property size is 3638 square feet on 0.13 acres. There is opportunity to add up to two floors to this building and the full basement offers storage. The property is positioned for a new owner to continue its legacy or introduce a new culinary experience.
Key Highlights
- Well‑established and renowned Downhill Grill restaurant and bar operating since 1997.
- Turnkey property ready for continued operation or a new culinary concept.
- Prime central location in Saranac Lake, a thriving community known for major events and high foot traffic.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Hotels & Casinos 30%
Electronics 7%
Mobil
Shops & Services
8,803 visits/mo
0.4 miles
Hotel Saranac, Curio Collection By Hilton
Hotels & Casinos
5,365 visits/mo
0.1 miles
Monro Auto Service and Tire Centers
Shops & Services
1,681 visits/mo
0.5 miles
Verizon
Electronics
1,185 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
799 visits/mo
0.2 miles
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
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Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Olive or Twist Traveling Bar Co. — 303 Lake Flower Ave, Saranac Lake, NY 12983
Frequently Asked Questions
What type of property is this?
Restaurant - Turnkey restaurant and bar for sale in Saranac Lake.
Where is this restaurant located?
The property is located at 74 Main St Saranac Lake, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Well‑established and renowned Downhill Grill restaurant and bar operating since 1997.; Turnkey property ready for continued operation or a new culinary concept.; Prime central location in Saranac Lake, a thriving community known for major events and high foot traffic.
