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Mixed-Use Building with Two Commercial Spaces
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97 Main Street, Saranac Lake, NY 12983

Mixed-use property combines a leased storefront, available lower-level space, and a remodeled apartment.

Property Size8,449 SF
Price / SF$82.26
Days on Market118

Property Features for 97 Main Street

General Information

Standard status Active
Size 8,449 SF
Property subtype Special Purpose

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Amenities

laundry area

Building Details

Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Whitbeck
Listed By: Matthew Ellis · License #NY
Source: Crexi
Added: May 6 Changed: Aug 31 Last Checked: Aug 31 at 4:13AM

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

Investment Insights

Based on property information with market context.

Built in 1930, this 8,449-square-foot mixed-use building includes two commercial areas and a remodeled two-bedroom apartment. The street-level storefront is occupied by The Village Mercantile under a long-term lease, while the lower-level space has direct Berkeley Square access and is currently available. The apartment includes living, kitchen, dining, and laundry areas, supporting residential use or a live-work arrangement. Exterior improvements include a roof installed in 2021.

The property is positioned between Vest Pocket Park and Berkeley Square in downtown Saranac Lake, directly across from Hotel Saranac. A large public parking lot at the rear provides access for occupants and visitors. Multiple access points to the Adirondack Rail Trail are nearby, and Pendragon Theatre is a three-minute walk away.

Key Highlights

  • 8,449‑square‑foot mixed‑use building constructed in 1930
  • Street‑level storefront occupied by The Village Mercantile under a long‑term lease
  • Lower‑level commercial space available with direct access from Berkeley Square

Property Analytics

Current Use

Bear Essentials Apparel Production Facility The Community Store Clothing Store The Village Mercantile Department Store

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

1
Residential units
Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property combines a leased storefront, available lower-level space, and a remodeled apartment.
Where is this mixed-use property located?
The property is located at 97 Main Street Saranac Lake, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 8,449‑square‑foot mixed‑use building constructed in 1930; Street‑level storefront occupied by The Village Mercantile under a long‑term lease; Lower‑level commercial space available with direct access from Berkeley Square
More about this property
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