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Lake Placid, NY Motels for Sale

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Lake Placid Hospitality Investment
Updated: Sep 22, 2025
Lake Placid Hospitality Investment

5825 Cascade Rd, Lake Placid, NY 12946

$1,700,000
8,344 sqft 1.10 AC lot
Carriage House Motel with 17 rooms plus a three‑bedroom, two‑bath home
Located along Route 73, just minutes from Main Street and Lake Placid shops, dining, and Olympic venues
Each guest room includes air conditioning, WiFi, and in‑room conveniences such as refrigerators and cable TV
Ample on‑site parking for guests
Utilities include public water and public sewer
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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.

Riverfront Brookside Motor Inn
Riverfront Brookside Motor Inn

7 Springfield Road, Upper Jay, NY 12987

$795,000
12,850 sqft 5.03 AC lot

Hospitality property with 14 motel units plus an owner residence, upstairs apartment, and on-site laundromat.

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Waterfront Hospitality Complex with Docks
Waterfront Hospitality Complex with Docks

110 State Street, Clayton, NY 13624

$1,399,900
10,774 sqft 1.10 AC lot

Turnkey waterfront package includes a bar/restaurant, 8-unit motel, and renovated trailer, supported by five docks.

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Waterfront Hospitality Portfolio with Docks
Waterfront Hospitality Portfolio with Docks

110 State St, Clayton, NY 13624

$1,399,900
10,774 sqft

Turnkey waterfront restaurant, motel, and rental trailer set up for guest stays and dock access.

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Renovated Guest Rooms Motel
Renovated Guest Rooms Motel

2455 Us Route 9, Schroon Lake, NY 12870

$650,000
6,584 sqft 16.00 AC lot

Year-round motel offering multiple guest rooms, an on-site apartment, and additional unfinished space for flexible hospitality use.

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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
Bridgton, ME Development Opportunity

49-2 Harrison Road, Bridgton, ME 04009

$159,000
1.21 AC lot

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

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Galloway Township Commercial Property
Galloway Township Commercial Property

318 E White Horse Pike, Galloway Township, NJ 08205

$599,000
1.30 AC lot

Commercial property with highway exposure in Galloway Township, New Jersey.

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Galloway Township Commercial Land
Galloway Township Commercial Land

W White Horse Pike, Galloway Township, NJ 08205

$495,000
4.82 AC lot

Prime commercial land in up-and-coming business district.

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Galloway Township Commercial Land
Galloway Township Commercial Land

W White Horse Pike, Galloway Township, NJ 08205

$495,000
4.82 AC lot

Vacant commercial land in up-and-coming business district.

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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
MOTEL

2795 Wilmington Rd, Lake Placid, NY 12946-3604

Value Estimation by Request
3,184 sqft 1.00 AC lot
View details
2764 Main St
MOTEL

2764 Main St, Lake Placid, NY 12946-3661

$1,420,000
Estimated value
9,251 sqft 2.39 AC lot
View details
2234 Saranac Ave
MOTEL

2234 Saranac Ave, Lake Placid, NY 12946-1184

Value Estimation by Request
3,747 sqft 0.80 AC lot
View details
2200 Saranac Ave
MOTEL

2200 Saranac Ave, Lake Placid, NY 12946-1184

$1,355,000
Estimated value
10,109 sqft 0.70 AC lot
View details
2267 Saranac Ave
MOTEL

2267 Saranac Ave, Lake Placid, NY 12946-3387

$2,125,000
Estimated value
3,570 sqft 1.65 AC lot
View details
5828 Cascade Rd
MOTEL

5828 Cascade Rd, Lake Placid, NY 12946-4143

$2,160,000
Estimated value
2,125 sqft 1.51 AC lot
View details
5825 Cascade Rd
MOTEL

5825 Cascade Rd, Lake Placid, NY 12946-4144

$770,000
Estimated value
5,280 sqft 1.10 AC lot
View details
2285 Saranac Ave
MOTEL

2285 Saranac Ave, Lake Placid, NY 12946-3387

$1,345,000
Estimated value
6,952 sqft 0.80 AC lot
View details
2187 Saranac Ave
MOTEL

2187 Saranac Ave, Lake Placid, NY 12946-1182

$1,520,000
Estimated value
3,505 sqft 0.84 AC lot
View details
5017 Cascade Rd
MOTEL

5017 Cascade Rd, Lake Placid, NY 12946-4117

Value Estimation by Request
3,890 sqft 5.01 AC lot
View details
2050 Saranac Ave
MOTEL

2050 Saranac Ave, Lake Placid, NY 12946-1177

Value Estimation by Request
4,488 sqft 2.16 AC lot
View details
2625 Main St
MOTEL

2625 Main St, Lake Placid, NY 12946-3308

$1,150,000
Estimated value
29,522 sqft 1.10 AC lot
View details
2806 Wilmington Rd
MOTEL

2806 Wilmington Rd, Lake Placid, NY 12946-3606

Value Estimation by Request
2,795 sqft 1.20 AC lot
View details
2820 Wilmington Rd
MOTEL

2820 Wilmington Rd, Lake Placid, NY 12946-3646

Value Estimation by Request
1,372 sqft 0.55 AC lot
View details
2135 Saranac Ave
MOTEL

2135 Saranac Ave, Lake Placid, NY 12946-1151

Value Estimation by Request
4,535 sqft 0.81 AC lot
View details

Lake Placid, NY Motels Market Trends and Statistics

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

Commercial property segments ranked by active listings on the market

Hotels 2
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 Investment

Identify Lake Placid submarkets with the highest inventory density on the market and evaluate the average 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 SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Essex County

Retail

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