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    Saranac Lake, NY
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    Saranac Lake, NY Multifamily Properties for Sale

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    Gabriels, NY Bloomingdale, NY Rainbow Lake, NY
    8 results
    Historic Mixed-Use Saranac Lake Property
    $635,000
    3,126 SF

    Historic Mixed-Use Saranac Lake Property

    30 Academy Street, Saranac Lake, NY 12983

    Landmark property with office space and apartments in prime location.

    • Prime location steps from Hotel Saranac, Main Street, and the waterfront Farmer's Market.
    • Income potential from three office tenants, a 3‑stall garage, and two apartments (2‑bedroom and 1‑bedroom).
    • Historic landmark property with architectural details and a spacious courtyard.
    • Includes a carriage house and a 3‑stall garage.
    • Two apartments: a bright 2‑bedroom (with attic bedroom) and a 1‑bedroom.
    Updated: May 15
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    Colonial Revival Multifamily Property
    $760,000
    3,740 SF

    Colonial Revival Multifamily Property

    115 Main Street, Saranac Lake, NY 12983

    Stately 5-unit property in downtown Saranac Lake.

    • Excellent condition, meticulously maintained building with 5 residential units, suitable for living or commercial use.
    • Prime Downtown Saranac Lake location at a high‑traffic intersection, next to key attractions.
    • Historically significant Colonial Revival, remodeled in 1907 by Scopes and Feustmann, formerly the Lawrason Brown Office and Residence.
    • Recent upgrades while preserving character and charm (full list available).
    • Includes desirable features: private entrance, private yard, porch, fireplace, and spa.
    Updated: Apr 28
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    Multifamily Investment Opportunity Near Lake
    $1,200,000
    6,811 SF

    Multifamily Investment Opportunity Near Lake

    Nine-unit multifamily property with immediate cash flow and upside potential.

    9 River Street, Saranac Lake, NY 12983
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    Saranac Lake Income-Producing Triplex
    $349,900
    2,730 SF

    Saranac Lake Income-Producing Triplex

    Well-maintained triplex in Saranac Lake with strong rental income.

    39 Shepard Avenue, Saranac Lake, NY 12983
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    Saranac Lake Multi-Unit Investment
    $459,900
    3,687 SF

    Saranac Lake Multi-Unit Investment

    Two buildings, four units, generating income with upside potential.

    223+225 Neil Street, Saranac Lake, NY 12983
    View details
    Saranac Lake Mixed-Use Investment
    $500,000
    4,680 SF

    Saranac Lake Mixed-Use Investment

    Downtown Saranac Lake mixed-use property with retail and apartments.

    27 Woodruff Street, Saranac Lake, NY 12983
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    Renovated Triplex in Saranac Lake
    $389,000
    3,060 SF

    Renovated Triplex in Saranac Lake

    Well-maintained, renovated triplex generating income, close to downtown Saranac Lake.

    137 Charles Street, Saranac Lake, NY 12983
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    Saranac Lake Mixed-Use Building
    $1,275,000
    14,652 SF

    Saranac Lake Mixed-Use Building

    Four-level commercial building with renovation potential in prime location.

    86 Main Street, Saranac Lake, NY 12983
    View details
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 8 Active listings in Saranac Lake, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Main Street Mixed-Use Investment
    $305,000
    8,304 SF

    Main Street Mixed-Use Investment

    Mixed-use property with retail and residential income potential.

    14220 NYS Route 9N, Au Sable Forks, NY 12912
    View details
    Mixed-Use Property in Tupper Lake
    $485,000
    4,180 SF

    Mixed-Use Property in Tupper Lake

    Versatile mixed-use property with retail and residential potential.

    233 Park Street, Tupper Lake, NY 12986
    View details
    Profitable Tupper Lake Investment Opportunity
    $299,000
    6,489 SF

    Profitable Tupper Lake Investment Opportunity

    Two four-unit buildings in high-demand Tupper Lake rental market.

    30 Chaney /81 Wawbeek, Tupper Lake, NY 12986
    View details
    High-Performing Multifamily Portfolio in Ausable Forks
    $630,000
    7,326 SF

    High-Performing Multifamily Portfolio in Ausable Forks

    Well-maintained 9-unit multifamily portfolio in the heart of AuSable Forks.

    Au Sable Forks, NY 12912
    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.

    Approved RV Park Development Land
    $439,000
    2.20 Acres

    Approved RV Park Development Land

    Approved development for a 6-unit RV park near Long Lake.

    L39 Off Flowers Way, Long Lake, NY 12847
    View details
    Cleared Acre with Utilities
    $32,500
    1.00 Acre

    Cleared Acre with Utilities

    One-acre cleared lot with existing electric and septic system.

    899 Clintonville Road, Peru, NY 12972
    View details
    Approved RV Park Development Land
    $439,000
    2.20 Acres

    Approved RV Park Development Land

    Approved development for a 6-unit RV park with utilities.

    Long Lake, NY 12847
    View details
    Improved Corner Lot in Chazy
    $53,100
    0.23 Acres

    Improved Corner Lot in Chazy

    Turnkey lot with infrastructure in place, ready for development.

    209 Slosson Road, West Chazy, NY 12992
    View details

    Off-Market Properties in Saranac Lake, NY

    Consider similar Off-Market properties in Saranac Lake, 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.

    2 Bonita Way
    MOBILE HOME PARK, TRAILER PARK
    756 SF Lot: 0.50 Acres
    Value Estimation by Request

    2 Bonita Way, Saranac Lake, NY 12983-2474

    View details
    Adirondack Airport Community
    MOBILE HOME PARK, TRAILER PARK
    1,280 SF Lot: 18.21 Acres
    Estimated value
    $1,025,000

    Adirondack Airport Community, Saranac Lake, NY 12983

    View details
    57 County Rte 55
    MOBILE HOME PARK, TRAILER PARK
    1,064 SF Lot: 9.60 Acres
    Value Estimation by Request

    57 County Rte 55, Saranac Lake, NY 12983

    View details
    9 River St
    Multifamily properties
    6,811 SF Lot: 0.27 Acres

    9 River St, Saranac Lake, NY 12983

    View details
    4426 State Rte 30
    CAMPGROUND, RV PARK
    5,970 SF Lot: 700.00 Acres
    Value Estimation by Request

    4426 State Rte 30, Saranac Lake, NY 12983-3049

    View details
    58 Cp Colby Rd, Unit 107
    CAMPGROUND, RV PARK
    360 SF Lot: 102.10 Acres
    Value Estimation by Request
    Unit 107

    58 Cp Colby Rd, Saranac Lake, NY 12983-5423

    View details

    Saranac Lake, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 14 multifamily properties for sale in Saranac Lake, NY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 42,486 square feet of properties for sale, with an estimated market value of $5,568,800.

    Sale prices for multifamily properties in Saranac Lake, NY start at $349,900, averaging $696,100, and reaching up to $1,275,000 — 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

    Apartment buildings 7
    Triplexes 2

    Demographics Overview

    Population 7,410
    Population Growth (5Y) +0.5%
    Median Household Income $64,604
    College Educated 62.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    12983 $696.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.99%
    Property Tax per SF $60.16 per sq ft
    Average Loan-to-Value 65.0%

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