2187 Saranac Avenue, Lake Placid, NY 12946
Listing Presented By
Merrill L. Thomas, Inc.
Commercial, Hotel/Motel,Mixed Commercial - Lake Placid, NY
Placid Bay is located directly on beautiful Lake Placid lake with exceptional water views and spectacular views of Whiteface Mountain. This commercially zoned property includes multiple buildings consisting of 2 renovated waterfront guest cottages and 2 main buildings with 19 vacation rental units and owner's residence, in ground pool and landscaped lawns with perennial flower gardens. Architectural renderings are available for conversion to an Adirondack Great Camp lodge or as many as 10 luxury condominiums on this site. Great development/investment opportunity with 158 ft of waterfront within walking distance of main street. Fantastic location for restaurant and wedding business.
Square Footage: 7,894
Built In: 1968
Last Updated: August 5, 2017
Posted: August 28, 2016