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    Saranac Lake, NY Multifamily Properties for Sale

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    Bloomingdale, NY Rainbow Lake, NY Vermontville, NY Lake Clear, NY Ray Brook, NY Lake Placid, NY Wilmington, NY Malone, NY
    15 properties
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    Riverfront Mixed-Use Building
    Updated: May 13
    Riverfront Mixed-Use Building

    36 Broadway, Saranac Lake, NY 12983

    $750,000
    7,192 sqft 0.11 AC lot
    7,192‑square‑foot mixed‑use building on 0.11 acres
    Four commercial storefronts and three residential apartments
    1,742‑square‑foot, 4‑bedroom, 3‑bath apartment plus two 650‑square‑foot apartments
    Riverfront property at 36 Broadway with river access
    Anne's Crepes occupant for 15 years; Twin Crystal Rock Shop occupant for 12 years
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    Five-Unit Colonial Apartment Building
    Updated: Apr 28
    Five-Unit Colonial Apartment Building

    115 Main Street, Saranac Lake, NY 12983

    $695,000
    3,740 sqft 0.29 AC lot
    Five residential units in a multifamily property
    3740 square feet on a 0.29‑acre site
    1892 Colonial‑style building converted to multifamily use in the late 1950s
    Commercial zoning with public water and public sewer
    Located at the intersection of Main and Church streets
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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    115 Main Street, Saranac Lake, NY 12983

    $695,000
    3,740 sqft 0.29 AC lot

    Commercially zoned multifamily property with private entrances, updated interiors, and preserved historic character.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Property With Apartments
    Mixed-Use Property With Apartments

    29 Woodruff St, Saranac Lake, NY 12983

    $624,900

    Four residential apartments accompany an established community-serving tenant in a walkable downtown setting.

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    Two-Unit Duplex with Outbuildings
    Two-Unit Duplex with Outbuildings

    66 Bloomingdale Avenue, Saranac Lake, NY 12983

    $299,000
    2,315 sqft 0.37 AC lot

    Residential property with two-story apartments, private entrances, laundry, outdoor space, and public utilities in Saranac Lake.

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    Apartment Building with Balconies
    Apartment Building with Balconies

    9 River Street, Saranac Lake, NY 12983

    $1,200,000
    6,811 sqft 0.27 AC lot

    Historic multifamily property with lake proximity, renovated space, and shared outdoor areas.

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    Renovated Three-Unit Triplex
    Renovated Three-Unit Triplex

    39 Shepard Avenue, Saranac Lake, NY 12983

    $349,900
    2,730 sqft

    Unit mix includes two two-bedroom apartments and one three-bedroom apartment.

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    Multifamily Property with Mountain Features
    Multifamily Property with Mountain Features

    133-139 Broadway, Saranac Lake, NY 12983

    $1,225,000

    1930-built multifamily property with oil-fired hot water, an unfinished full basement, and electric kitchen appliances.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    27 Woodruff Street, Saranac Lake, NY 12983

    $490,000
    4,680 sqft 0.05 AC lot

    Commercially zoned property combining main-level retail, rear living space, and four upper-floor apartments.

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    Two-Apartment Historic Duplex
    Two-Apartment Historic Duplex

    46 St Bernard, Saranac Lake, NY 12983

    $289,000
    1,670 sqft 0.12 AC lot

    Downtown duplex with one occupied apartment and a refreshed upper unit ready for its next resident.

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    Four-Level Mixed-Use Commercial Building
    Four-Level Mixed-Use Commercial Building

    191 River St, Saranac Lake, NY 12983

    Contact for pricing
    14,400 sqft

    Four-level building with an in-place elevator and renovated high-end finishes, featuring medical offices on street level.

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    Four-Level Mixed-Use Building
    Four-Level Mixed-Use Building

    86 Main Street, Saranac Lake, NY 12983

    $990,000
    14,652 sqft 0.50 AC lot

    Brick commercial property with medical office space, apartment plans, and an installed elevator.

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    Renovated Triplex
    Renovated Triplex

    137 Charles Street, Saranac Lake, NY 12983

    $389,000
    3,060 sqft 0.18 AC lot

    Three-unit residential income property with tenant-paid utilities and convenient access to downtown, schools, parks, and lakes.

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    Campground With Seasonal Cabins
    Campground With Seasonal Cabins

    32 BRUNSWICK RD Unit 32, Saranac Lake, NY 12983

    $499,000
    1,861 sqft

    Year-round residence and rustic lodging cabins occupy a wooded property with established water service and supporting outbuildings.

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    Three-Unit Apartment Building
    Three-Unit Apartment Building

    15 Circle St, Saranac Lake, NY 12983

    Contact for pricing

    Well-maintained three-unit apartment house with separate meters, updated systems, and on-site caretaker arrangement.

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    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 15 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 1 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.

    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    2276-2284 Saranac Avenue, Lake Placid, NY 12946

    $2,060,000
    9,227 sqft 0.95 AC lot

    Two buildings combine residential units, office suites, a cottage, parking, and shared tenant amenities.

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    Furnished Short-Term Rental Compound
    Furnished Short-Term Rental Compound

    5701 NYS Route 86, Wilmington, NY 12997

    $849,000
    1,582 sqft 1.60 AC lot

    Two independent residences offer private outdoor amenities, furnishings, and separate electric and septic systems.

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    10-Unit Mixed-Use Property
    10-Unit Mixed-Use Property

    2276-2284 Saranac Avenue, Lake Placid, NY 12946

    $2,060,000

    Two commercial buildings combine apartments, office suites, a cottage, parking, and shared tenant amenities.

    View details
    5-Unit Riverfront Apartment Building
    5-Unit Riverfront Apartment Building

    5732 & 5734 NYS Route 86, Wilmington, NY 12997

    Contact for pricing

    Multifamily property with separately metered utilities near Lake Placid and Whiteface Mountain Ski Resort.

    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.

    Cleared Acre with Utilities
    Cleared Acre with Utilities

    899 Clintonville Road, Peru, NY 12972

    $32,500
    0.68 AC lot

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

    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

    2 Bonita Way, Saranac Lake, NY 12983-2474

    $220,000
    Estimated value
    756 sqft 0.50 AC lot
    View details
    Adirondack Airport Community
    MOBILE HOME PARK, TRAILER PARK

    Adirondack Airport Community, Saranac Lake, NY 12983

    $1,090,000
    Estimated value
    1,280 sqft 18.21 AC lot
    View details
    57 County Rte 55
    MOBILE HOME PARK, TRAILER PARK

    57 County Rte 55, Saranac Lake, NY 12983

    $260,000
    Estimated value
    1,064 sqft 9.60 AC lot
    View details
    9 River St
    Multifamily properties

    9 River St, Saranac Lake, NY 12983

    Value Estimation by Request
    6,811 sqft 0.27 AC lot
    View details
    4426 State Rte 30
    CAMPGROUND, RV PARK

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

    $255,000
    Estimated value
    5,970 sqft 700.00 AC lot
    View details
    58 Cp Colby Rd, Unit 107
    CAMPGROUND, RV PARK

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

    Unit 107
    $245,000
    Estimated value
    360 sqft 102.10 AC lot
    View details

    Saranac Lake, NY Multifamily Properties Market Trends and Statistics

    Explore 21 multifamily properties for sale in Saranac Lake, NY, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 66,851 square feet of properties for sale, with an estimated market value of $8,495,800.

    Sale prices for multifamily properties in Saranac Lake, NY start at $289,000, averaging $653,523, and reaching up to $1,225,000 — 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

    Apartment buildings 4
    Triplexes 4
    Duplexes 2
    Quadplexes 1
    Short term rental properties 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    12983 $653.5K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Franklin County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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