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Property profile

74 Main St Saranac Lake, NY 12983

OFF-MARKET
Other investment properties
Property ID
US63-0096316
3,638 SF 0.13 ac lot Built 1940
Last sale Aug 2014 · $340,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a restaurant and bar space known as the Downhill Grill, established in 1997, located in central Saranac Lake. The building totals 3,638 square feet on a 0.13-acre parcel and is situated adjacent to the Main Street municipal parking lot, in a community that hosts major events. The structure includes a full basement that provides storage and presents potential for expanding upward by adding up to two additional floors, subject to applicable approvals. The site is configured for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$172k
Assessed land$15k
Assessed improvement$157k

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$94/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$64 – $125
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply11.6
Nail Salon10.5
Auto Parts Store10.1

Location

74 Main St Saranac Lake, NY 12983-1708
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
151 Broadway, Saranac Lake, NY 12983-1535 $225,000 Sep 2024 3,373 SF
15 Depot, Saranac Lake, NY 12983-1406 $215,000 Nov 2023 3,388 SF
9 Broadway, Saranac Lake, NY 12983-5782 $200,000 Oct 2023 3,611 SF
38 Broadway, Saranac Lake, NY 12983-1872 $245,000 Aug 2023 3,900 SF
17 Woodruff, Saranac Lake, NY 12983-1716 $220,000 Jun 2023 3,524 SF
126 Broadway, Saranac Lake, NY 12983-1520 $405,000 Oct 2021 3,408 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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