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Saranac Lake, NY

Multifamily

Saranac Lake, NY Multifamily Properties for Sale

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Bloomingdale, NY Rainbow Lake, NY Lake Clear, NY Vermontville, NY Ray Brook, NY Lake Placid, NY Wilmington, NY Malone, NY

9 properties

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Saranac Lake Mixed-Use Gem

Updated: May 13

Saranac Lake Mixed-Use Gem

36 Broadway, Saranac Lake, NY 12983

$750,000

7,192 sqft 0.11 AC lot

Mixed‑use building built in 1923 with riverfront features, including river access and river front frontage.
Four commercial storefronts: Anne's Crepes (15 years) and Twin Crystal Rock Shop (12 years); two storefronts currently available.
Three residential apartments: one 1,742 SF 4‑bedroom, 3‑bath unit plus two 650 SF apartments.
Outdoor living space includes decks with an outdoor bar and a covered balcony with Saranac River views.
Basement offers expansive space plus garage parking or winter storage for vehicles/boats, and includes a workshop.

Historic Multifamily Building with 5 Units

Updated: Apr 28

Historic Multifamily Building with 5 Units

115 Main Street, Saranac Lake, NY 12983

$695,000

3,740 sqft 0.29 AC lot

5 residential units in a historic Colonial Revival building built in 1892
Originally a Lawrason Brown Office and Residence; remodeled in 1907 and converted to multi‑family in the late 1950s
Heating includes oil and hot water; roof is asphalt
Utilities include cable available; water from public source and sewer to public sewer
Wood siding exterior with privacy fencing, private yard, and private entrances

Multi-Family Building with Five Units

Multi-Family Building with Five Units

115 Main Street, Saranac Lake, NY 12983

$695,000

3,740 sqft 0.29 AC lot

Colonial Revival multi-family building featuring five residential units in excellent condition.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Two-Unit Duplex with Large Yard

Two-Unit Duplex with Large Yard

66 Bloomingdale Avenue, Saranac Lake, NY 12983

$299,000

2,315 sqft 0.37 AC lot

Two-story duplex offers two 2-bedroom units, each with laundry, plus outbuildings and a large yard.

Multifamily Investment Opportunity Near Lake

Multifamily Investment Opportunity Near Lake

9 River Street, Saranac Lake, NY 12983

$1,200,000

6,811 sqft 0.27 AC lot

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

Saranac Lake Income-Producing Triplex

Saranac Lake Income-Producing Triplex

39 Shepard Avenue, Saranac Lake, NY 12983

$349,900

2,730 sqft

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

Mixed-Use Retail and Apartment Building

Mixed-Use Retail and Apartment Building

27 Woodruff Street, Saranac Lake, NY 12983

$500,000

4,680 sqft 0.05 AC lot

Main level storefront is used as a hair salon with rear living space, while upstairs contains four apartments.

Mixed-Use Medical Office Building

Mixed-Use Medical Office Building

86 Main Street, Saranac Lake, NY 12983

$990,000

14,652 sqft 0.50 AC lot

Four-level building with street-level medical offices and upper-level residential plans, including an existing elevator.

Renovated Triplex in Saranac Lake

Renovated Triplex in Saranac Lake

137 Charles Street, Saranac Lake, NY 12983

$389,000

3,060 sqft 0.18 AC lot

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

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 9 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.

Up/Down Duplex in Village Center

Up/Down Duplex in Village Center

26 Parkside Drive, Lake Placid, NY 12946

$799,000

2,072 sqft 0.19 AC lot

Two fully independent units with in-unit laundry and off-street parking, zoned Village Center for unhosted short-term rentals.

Profitable Tupper Lake Investment Opportunity

Profitable Tupper Lake Investment Opportunity

30 Chaney /81 Wawbeek, Tupper Lake, NY 12986

$299,000

6,489 sqft

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

Mixed-Use Building with Retail and Spa

Mixed-Use Building with Retail and Spa

233 Park Street, Tupper Lake, NY 12986

$485,000

4,180 sqft 0.42 AC lot

Owner-occupied flower and gift shop with a leased spa, plus first-floor space for retail and additional living areas upstairs.

Historic Multi-Family Property with Apartment

Historic Multi-Family Property with Apartment

Lake Placid, NY 12946

$799,888

1.32 AC lot

Historic main home plus a private two-level 1-bedroom apartment with separate entrance, driveway, and full kitchen.

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

Approved RV Park Development Land

L39 Flowers Way, Long Lake, NY 12847

$439,000

2.20 AC lot

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

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.

Approved RV Park Development Land

Approved RV Park Development Land

Long Lake, NY 12847

$439,000

2.20 AC lot

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

Grand Isle Land Opportunity

Grand Isle Land Opportunity

253 US Rte 2, Grand Isle, VT 05458

$65,000

0.46 AC lot

Land with potential; existing utilities, near elementary school.

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.

MOBILE HOME PARK, TRAILER PARK

2 Bonita Way, Saranac Lake, NY 12983-2474

Value Estimation by Request

756 sqft 0.50 AC lot

Adirondack Airport Community

MOBILE HOME PARK, TRAILER PARK

Adirondack Airport Community, Saranac Lake, NY 12983

$1,025,000

Estimated value

1,280 sqft 18.21 AC lot

57 County Rte 55

MOBILE HOME PARK, TRAILER PARK

57 County Rte 55, Saranac Lake, NY 12983

Value Estimation by Request

1,064 sqft 9.60 AC lot

Multifamily properties

9 River St, Saranac Lake, NY 12983

Value Estimation by Request

6,811 sqft 0.27 AC lot

4426 State Rte 30

CAMPGROUND, RV PARK

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

Value Estimation by Request

5,970 sqft 700.00 AC lot

58 Cp Colby Rd, Unit 107

CAMPGROUND, RV PARK

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

Unit 107

Value Estimation by Request

360 sqft 102.10 AC lot

Saranac Lake, NY Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in Saranac Lake, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 48,920 square feet of properties for sale, with an estimated market value of $5,867,900.

Sale prices for multifamily properties in Saranac Lake, NY start at $299,000, averaging $651,988, and reaching up to $1,200,000 — 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

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	$639.3K

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

Office

Residential Income

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