New

Multi-Use Property Prime Lake Placid Location

$995,000~€878,555
  • 14 Rooms
  • 3 Bathrooms
  • ~260 m² Total surface
  • ~231 m² Living area
  • Construction year 1920

Description

High-traffic, high-visibility location with exceptional potential for redevelopment or adaptive reuse. Centrally located on Saranac Avenue, just steps from Main Street, Lake Placid. Formerly a residential home, the property was converted into a commercial space on the first floor including a coffee shop with retail space and a large kitchen. Listing includes a detached two stall garage with one bedroom apartment above. The house could easily be converted back to a residential home. It offers five bedrooms, two and a half bathrooms, and expansive views of Mirror Lake and the mountains from the second floor and the open third-floor attic. Timeless details add character throughout, including stained-glass windows, parquet flooring, built-in cabinets, and distinctive wallpaper. A compelling investment opportunity in Lake Placid, just steps from Main Street. With its prime location, flexible layout, and strong redevelopment potential, this property presents a rare opportunity in one of Lake Placid's most desirable commercial corridors. Or make your new residential home in the heart of Lake Placid.
Features
BasementGarage
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Engel & Völkers Lake Placid

Your advisor: Amanda Marie Birchenough-Morrell

Property ID: AM-5533949

Property details
  • Object type

    Detached house

  • Rooms

    14

  • Bathrooms

    3

  • Number of Floors

    3

  • Parking spaces

    4

  • Total surface

    ~260 m²

  • Living area

    ~231 m²

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