Restaurants

Saranac Lake, NY Restaurants for Sale

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Bloomingdale, NY Rainbow Lake, NY Lake Clear, NY
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.
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Established Restaurant and Bar Opportunity
Updated: Dec 3, 2025
Established Restaurant and Bar Opportunity

74 Main Street, Saranac Lake, NY 12983

$595,000
3,638 sqft
Well‑established and renowned Downhill Grill restaurant and bar operating since 1997.
Turnkey property ready for continued operation or a new culinary concept.
Prime central location in Saranac Lake, a thriving community known for major events and high foot traffic.
Adjacent to the Main Street municipal parking lot, ensuring easy accessibility.
Opportunity to add up to two floors to the building.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 2 Active listings in Saranac Lake, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 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.

Iconic Tavern in Keene, NY
Iconic Tavern in Keene, NY

10050 NYS Route 9N, Keene, NY 12942

$745,000
4,824 sqft · 9.84 AC lot

Turnkey tavern on 9.84 acres with recent renovations.

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Historic Victorian Inn and Restaurant
Historic Victorian Inn and Restaurant

39 Interlaken Avenue, Lake Placid, NY 12946

$3,200,000
10,750 sqft · 0.53 AC lot

Turnkey Victorian inn with fine-dining restaurant, guest accommodations, and restored 1912 character near Mirror Lake.

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Baxter Mountain Tavern For Sale
Baxter Mountain Tavern For Sale

10050 NYS Route 9N, Keene, NY 12942

$745,000

Restaurant and bar opportunity near Lake Placid.

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Commercial Retail Restaurant Building
Commercial Retail Restaurant Building

6163 Sentinel Road, Lake Placid, NY 12946

$995,000
7,000 sqft · 1.67 AC lot

Commercial property with a large private parking lot, suited for a restaurant or other commercial use.

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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.

Commercial Land with Public Utilities
Commercial Land with Public Utilities

727 Bear Swamp Road, Peru, NY 12972

$215,000
2.36 AC lot

Commercially zoned land near I-87 with public water, sewer, and natural gas available.

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Commercially Zoned Corner Land Parcel
Commercially Zoned Corner Land Parcel

82 Ballards Corner Road lot: 5 & 5A, Hinesburg, VT 05461

$300,000
1.06 AC lot

Commercially zoned parcel with Route 116 visibility and public water and sewer available at the street.

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Commercial Land in Ogdensburg, NY
Commercial Land in Ogdensburg, NY

720 Canton, Ogdensburg, NY 13669

$100,000
8,500 sqft · 0.19 AC lot

Commercial land with frontage on Canton St, near Kinney Drugs.

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Cleared Corner Lot Near Fort
Cleared Corner Lot Near Fort

32576 State Route 26, Carthage, NY 13619

$60,000
25,760 sqft · 0.59 AC lot

0.59-acre corner lot ready for development near Fort Drum.

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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.

554 Lk Flower Ave
RESTAURANT

554 Lk Flower Ave, Saranac Lake, NY 12983-2464

Value Estimation by Request
2,841 sqft · 1.23 AC lot
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102 Bloomingdale Ave
RESTAURANT

102 Bloomingdale Ave, Saranac Lake, NY 12983-1261

Value Estimation by Request
5,572 sqft · 0.93 AC lot
View details
83 Broadway
BAR, TAVERN

83 Broadway, Saranac Lake, NY 12983-1415

Value Estimation by Request
2,665 sqft · 0.07 AC lot
View details
65 Broadway
BAR, TAVERN

65 Broadway, Saranac Lake, NY 12983-1776

Value Estimation by Request
3,526 sqft · 0.16 AC lot
View details
48 Main St
BAR, TAVERN

48 Main St, Saranac Lake, NY 12983-1708

Value Estimation by Request
3,588 sqft · 0.13 AC lot
View details
138 Church St
RESTAURANT

138 Church St, Saranac Lake, NY 12983-1842

Value Estimation by Request
2,430 sqft · 0.16 AC lot
View details
33 Broadway
RESTAURANT

33 Broadway, Saranac Lake, NY 12983-1703

Value Estimation by Request
1,705 sqft · 0.06 AC lot
View details
97 Main St
RESTAURANT

97 Main St, Saranac Lake, NY 12983-5794

Value Estimation by Request
5,417 sqft · 0.11 AC lot
View details
513 Lk Flower Ave
RESTAURANT

513 Lk Flower Ave, Saranac Lake, NY 12983-2465

Value Estimation by Request
3,568 sqft · 0.20 AC lot
View details
151 Riv St
RESTAURANT

151 Riv St, Saranac Lake, NY 12983-2022

Value Estimation by Request
4,073 sqft · 0.99 AC lot
View details
5034 State Rte 3rd 3
RESTAURANT

5034 State Rte 3rd 3, Saranac Lake, NY 12983-6004

$610,000
Estimated value
6,220 sqft · 1.06 AC lot
View details
564 Lk Flower Ave
RESTAURANT

564 Lk Flower Ave, Saranac Lake, NY 12983-2464

Value Estimation by Request
2,410 sqft · 0.40 AC lot
View details
83 County Rte 55
BAR, TAVERN

83 County Rte 55, Saranac Lake, NY 12983

Value Estimation by Request
2,146 sqft · 1.08 AC lot
View details
555 Lk Flower Ave
RESTAURANT

555 Lk Flower Ave, Saranac Lake, NY 12983-2465

Value Estimation by Request
2,850 sqft · 0.29 AC lot
View details
542 Lk Flower Ave
RESTAURANT

542 Lk Flower Ave, Saranac Lake, NY 12983-2464

$755,000
Estimated value
6,593 sqft · 0.43 AC lot
View details
569 Lk Flower Ave
DRIVE-THRU RESTAURANT, FAST FOOD

569 Lk Flower Ave, Saranac Lake, NY 12983-2465

Value Estimation by Request
3,456 sqft · 1.36 AC lot
View details

Saranac Lake, NY Restaurants Market Trends and Statistics

Explore 18 restaurants for sale in Saranac Lake, NY on our real estate platform. These investment opportunities span a total of 10,830 square feet of properties for sale, with an estimated market value of $1,345,000.

Sale prices for restaurant properties in Saranac Lake, NY start at $595,000, averaging $672,500, and reaching up to $750,000 — 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

Bars & Pubs 2
Drive through restaurants 2
Conventional restaurants 1
Turn key restaurants 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 $750K

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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