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    622 Lake Flower Ave Saranac Lake, NY 12983

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    For Lease
    Contact for pricing

    Saranac Lake retail space, multiple units available.

    Lot size:
    68,610 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity in Saranac Lake, NY, presents two available spaces within the 68,610 square foot Saranac Lake Shopping Center, situated on a 6.9-acre lot at 622 Lake Flower Avenue. The property is zoned 07- Mixed/Neighborhood Shopping Center in Essex County and offers a diverse tenant mix. One space, ideally suited as an anchor tenant, boasts 17,000 contiguous square feet, featuring a pre-existing grocery store layout, excellent visibility, and ample parking. A second, adjacent space of 3,200 square feet is available, offering the potential for expansion of the larger unit or independent occupancy as a complementary inline tenant. A total of 23,560 square feet is currently vacant, with a minimum divisible space of 3,200 square feet. This prime location in Saranac Lake's main retail corridor provides exceptional access to the regional community. The property's strategic positioning ensures high visibility and convenient access for customers. This is a unique chance to establish or expand a business within a thriving neighborhood shopping center.

    Property Features for 622 Lake Flower Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,610 SF

    Unit(s) available at that property

    Space
    Suite 120
    Size
    17,000 SF
    Space
    Suite 140
    Size
    3,200 SF

    HighLights

    • Two available retail spaces totaling 23,560 square feet within the 68,610 square foot Saranac Lake Shopping Center.
    • One 17,000 SF anchor space with existing grocery store layout, high visibility, and ample parking.
    • Adjacent 3,200 SF space available for expansion or independent occupancy.
    • Located on a 6.9‑acre lot at 622 Lake Flower Avenue, Saranac Lake, NY.
    • Minimum divisible space of 3,200 SF.
    • Prime location in Saranac Lake's main retail corridor with high visibility and convenient access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar Tree Dollar Store Advance Auto Parts Auto Parts Store Coakley Home and Hardware Home Improvement Store UPS Access Point ... Shipping And Mailing Service Coakley Home and Hardware ... Hardware Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saranac Lake
    County
    Essex
    State
    New York
    Longitude
    -74.1167278
    Latitude
    44.3110033

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    Nearby Similar for Lease

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      Freestanding QSR Drive-Thru Space

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    FAQs

    What type of property is this?
    Retail property - Saranac Lake retail space, multiple units available.
    Where is this retail property located?
    The property is located at 622 Lake Flower Ave Saranac Lake, NY.
    What are key features of this property?
    This property features: Two available retail spaces totaling 23,560 square feet within the 68,610 square foot Saranac Lake Shopping Center.; One 17,000 SF anchor space with existing grocery store layout, high visibility, and ample parking.; Adjacent 3,200 SF space available for expansion or independent occupancy.
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    622 Lake Flower Ave Saranac Lake, NY 12983
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    Saranac Lake, NY 12983
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    622 Lake Flower Ave Saranac Lake, NY 12983
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