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Established Restaurant and Bar Opportunity
For Sale
$595,000

74 Main Street, Saranac Lake, NY 12983

Turnkey restaurant and bar for sale in Saranac Lake.

Property Size3,638 SF
Price / SF$163.55
Days on Market260

Property Features for 74 Main Street

General Information

Standard status Active
Size 3,638 SF
Property subtype Retail
Listing Agency:
Listed By: Pj Whitbeck · License #10311209469
Source: Cbcworldwide
Added: Dec 3, 2025 Changed: Jul 6 Last Checked: Apr 9 at 9:00PM

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 Pj Whitbeck

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

Current Use

Downhill Grill Restaurant

Suggested Use

Top Pick Building Supply Nail Salon Auto Parts Store Law Firm Skin Care Clinic Grocery & Convenience 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

659
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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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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 Street 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.
More about this property
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