Lake Placid, NY
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    Lake Placid, NY Motels for Sale

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    Saranac Lake, NY Keene, NY Wilmington, NY
    Lake Placid Hospitality Investment
    $1,700,000
    8,344 SF

    Lake Placid Hospitality Investment

    5825 Cascade Rd, Lake Placid, NY 12946

    17-room motel with a 3-bedroom home in Lake Placid.

    • Prime location in Lake Placid, near Main Street, Olympic venues, and Route 73.
    • Hospitality investment opportunity with 17 motel rooms plus a separate three‑bedroom residence.
    • Proximity to major attractions: Olympic Jumping Complex, Mirror Lake, Whiteface Mountain, and High Peaks Wilderness.
    • Consistent demand across all four seasons due to tourism driven by outdoor recreation and events.
    • Guest rooms equipped with air conditioning, WiFi, refrigerators, and cable TV.
    Updated: Sep 22, 2025
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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Multi-Use Redevelopment Opportunity
    $199,000
    7,080 SF

    Versatile Multi-Use Redevelopment Opportunity

    7,000 SF multi-use property ready for redevelopment in Walton, NY.

    6 Franklin Road, Walton, NY 13856
    View details
    Riverfront Motel in Alexandria Bay
    $865,000
    3,684 SF

    Riverfront Motel in Alexandria Bay

    Turnkey 13-unit motel with dockage in the heart of Alexandria Bay.

    24 Bethune Street, Alexandria Bay, NY 13607
    View details
    Waterfront Marina with Income Potential
    $3,900,000
    8,800 SF

    Waterfront Marina with Income Potential

    Prime waterfront marina with multi-family units and owner's residence.

    16 Bethune Street, Alexandria Bay, NY 13607
    View details
    Multi Family
    $199,000
    7,000 SF

    Multi Family

    Medical centers · 7,000 SF

    6 Franklin Rd, Walton, NY 13856
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Bridgton, ME Development Opportunity
    $159,000
    1.21 Acres

    Bridgton, ME Development Opportunity

    1.22-acre parcel in Bridgton's Mixed Use Corridor.

    49-2 Harrison Road, Bridgton, ME 04009
    View details
    Vineland Land with Development Potential
    $125,000
    4.85 Acres

    Vineland Land with Development Potential

    4.85 acre Vineland land parcel with flexible zoning.

    57 W CHESTNUT AVENUE, Vineland, NJ 08360
    View details
    Prime Corner Commercial Land Available
    $550,000
    0.60 Acres

    Prime Corner Commercial Land Available

    0.60-acre vacant lot on a hard corner in Canton.

    7125 N LILLEY Road, Canton Twp, MI 48187
    View details
    Prime Commercial Land For Sale
    $2,100,000
    8.00 Acres

    Prime Commercial Land For Sale

    8.86 acres ideal for motel, restaurant, and other businesses.

    7900,7990,7996 N Alger Road, Alma, MI 48801
    View details

    Off-Market Properties in Lake Placid, NY

    Consider similar Off-Market properties in Lake Placid, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2795 Wilmington Rd

    2795 Wilmington Rd

    MOTEL • 3,184 SF
    Value Estimation by Request
    2795 Wilmington Rd, Lake Placid, NY 12946-3604
    View details
    2764 Main St

    2764 Main St

    MOTEL • 9,251 SF
    Value Estimation
    $1,420,000
    2764 Main St, Lake Placid, NY 12946-3661
    View details
    2234 Saranac Ave

    2234 Saranac Ave

    MOTEL • 3,747 SF
    Value Estimation by Request
    2234 Saranac Ave, Lake Placid, NY 12946-1184
    View details
    2200 Saranac Ave

    2200 Saranac Ave

    MOTEL • 10,109 SF
    Value Estimation
    $1,355,000
    2200 Saranac Ave, Lake Placid, NY 12946-1184
    View details
    2267 Saranac Ave

    2267 Saranac Ave

    MOTEL • 3,570 SF
    Value Estimation
    $2,125,000
    2267 Saranac Ave, Lake Placid, NY 12946-3387
    View details
    5828 Cascade Rd

    5828 Cascade Rd

    MOTEL • 2,125 SF
    Value Estimation
    $2,160,000
    5828 Cascade Rd, Lake Placid, NY 12946-4143
    View details
    5825 Cascade Rd

    5825 Cascade Rd

    MOTEL • 5,280 SF
    Value Estimation
    $770,000
    5825 Cascade Rd, Lake Placid, NY 12946-4144
    View details
    2285 Saranac Ave

    2285 Saranac Ave

    MOTEL • 6,952 SF
    Value Estimation
    $1,345,000
    2285 Saranac Ave, Lake Placid, NY 12946-3387
    View details
    2187 Saranac Ave

    2187 Saranac Ave

    MOTEL • 3,505 SF
    Value Estimation
    $1,520,000
    2187 Saranac Ave, Lake Placid, NY 12946-1182
    View details
    5017 Cascade Rd

    5017 Cascade Rd

    MOTEL • 3,890 SF
    Value Estimation by Request
    5017 Cascade Rd, Lake Placid, NY 12946-4117
    View details
    2050 Saranac Ave

    2050 Saranac Ave

    MOTEL • 4,488 SF
    Value Estimation by Request
    2050 Saranac Ave, Lake Placid, NY 12946-1177
    View details
    2625 Main St

    2625 Main St

    MOTEL • 29,522 SF
    Value Estimation
    $1,150,000
    2625 Main St, Lake Placid, NY 12946-3308
    View details
    2806 Wilmington Rd

    2806 Wilmington Rd

    MOTEL • 2,795 SF
    Value Estimation by Request
    2806 Wilmington Rd, Lake Placid, NY 12946-3606
    View details
    2820 Wilmington Rd

    2820 Wilmington Rd

    MOTEL • 1,372 SF
    Value Estimation by Request
    2820 Wilmington Rd, Lake Placid, NY 12946-3646
    View details
    2135 Saranac Ave

    2135 Saranac Ave

    MOTEL • 4,535 SF
    Value Estimation by Request
    2135 Saranac Ave, Lake Placid, NY 12946-1151
    View details

    Lake Placid, NY Motels Investment Opportunities Market Analysis

    Explore 16 motels for sale in Lake Placid, NY on our real estate platform. These investment opportunities span a total of 8,344 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for motels in Lake Placid, NY start at $1,700,000, averaging $1,700,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Hotels 1
    Motels 1
    Resorts 1

    Demographics Overview

    Population 4,805
    Population Growth (5Y) +0.3%
    Median Household Income $78,261
    College Educated 67.3%

    High-Yield Neighborhoods for Strategic Investment

    Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    12946 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $18.26 per sq ft
    Average Loan-to-Value 65.0%

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