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    Bar and Restaurant with Apartments
    Updated: Feb 28, 2025
    Bar and Restaurant with Apartments

    3671 Route 3, Saranac, NY 12981

    $298,995
    3,528 sqft 5.10 AC lot
    Established landmark bar/restaurant with decades of hosting social events.
    Includes a fully equipped kitchen and spacious dining area.
    Features outdoor pavilion and clam shack for entertainment.
    Unique garage space with entertaining area, bar, and stage.
    Two rental apartments provide income: a 1‑bedroom ($600/month) and a 2‑bedroom ($900/month).
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    This listing looks promising.

    Here's a quick look at some key insights for

    3671 Route 3, Saranac, NY 12981

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $383K
      Above asking

    • Last Sold

      Oct 2017
      $205K

    • Property Type

      Bar, Tavern
      Built 1965
    View Property Analytics
    Bar and Restaurant with Apartments
    Updated: Feb 28, 2025
    Bar and Restaurant with Apartments

    3671 State Route 3, Saranac, NY 12981

    $298,995
    Popular local landmark with bar/restaurant, fully equipped kitchen, restrooms, and spacious dining area
    Outdoor pavilion plus a clam shack for additional entertainment
    Upstairs includes two apartments: 1BR/1BA rented for $600/month and 2BR/1BA rented for $900/month
    Unique garage space with a large entertaining area, bar, and stage
    Property includes both indoor dining and outdoor entertainment areas
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Saranac, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Turnkey Mixed-Use Income Building
    Turnkey Mixed-Use Income Building

    14233 Route 9N, Au Sable Forks, NY 12912

    $398,995
    5,300 sqft 1.57 AC lot

    Fully rented mixed-use building with 2 commercial tenants and 3 residential units, plus extensive recent upgrades.

    View details
    Two-Family Residential Income Property
    Two-Family Residential Income Property

    36 Halsey Ct., Plattsburgh, NY 12901

    $144,900
    1,591 sqft

    Two buildings on one parcel offer 3-bedroom and 1-bedroom units, with light reactivation and needed attention.

    View details
    Student Housing Triplex Building
    Student Housing Triplex Building

    31 William Street, Plattsburgh, NY 12901

    $375,000
    3,140 sqft 0.18 AC lot

    Turnkey three-unit student rental with full rebuild in 2014 and updated hot water tanks in 2024.

    View details
    Spacious Duplex with Large Backyard
    Spacious Duplex with Large Backyard

    14 Golf Course Road, Au Sable Forks, NY 12912

    $119,000
    3,926 sqft 0.64 AC lot

    Spacious duplex with large backyard, ideal for owner-occupancy or investment.

    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
    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.

    View details
    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.

    View details
    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.

    View details

    Off-Market Properties in Saranac, NY

    Consider similar Off-Market properties in Saranac, 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.

    5322 Rte 3rd 3
    CAMPGROUND, RV PARK

    5322 Rte 3rd 3, Saranac, NY 12981

    Value Estimation by Request
    2,304 sqft 22.00 AC lot
    View details

    Saranac, NY Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Saranac, NY on our real estate platform. These investment opportunities span a total of 3,528 square feet of properties for sale, with an estimated market value of $298,995.

    Sale prices for multifamily properties in Saranac, NY start at $298,995, averaging $298,995, and reaching up to $298,995 — 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

    Duplexes 1

    Demographics Overview

    Population 2,233
    Population Growth (5Y) -3.0%
    Median Household Income $73,258
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    12981 $299K

    Listings Trend

    New vs delisted commercial listings in Clinton County

    New Delisted

    Total CRE Inventory on Market (SF)

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