137 River St - Storefront FOR SALE


Saranac Lake, NY 12983
$695,000 USD
518-523-4404
137 River St, Saranac Lake, NY for Sale
$695,000 USD
Storefront - FOR SALE
1/14
null | Request Cap Rate

137 River St
Saranac Lake, NY 12983


OVERVIEW

$254,000 PRICE DECREASE AND 2 ADDITIONAL PROPERTIES NOW INCLUDED TO TOTAL 5 ADJACENT PROPERTIES! Prime commercial oppt'y overlooking Lake Flower, located on a principal arterial serving north-south travel within Saranac Lake NY. This high-traffic, high-visibility corner lot comprises 5 parcels and approx. 383 ft of road frontage with excellent potential for redevelopment or possible repurpose/adaptive reuse of existing buildings. Ideal location for a mixed-use convenience store, retail space with apartments or office space above. Ex home of the iconic Lakeview Deli, this landmark destination has served patrons for generations and is ideally located across from the Lake Flower Boat Launch and Prescott Park, home of the annual Winter Carnival Ice Palace. Centrally located within walking distance to Main Street, Hotel Saranac, Riverside Park, Lake Flower Ave's newly built Saranac Waterfront Lodge with access to residential neighborhoods serving many points. Listing includes Tax Map #'s: 32.214-2-15.018, 32.214-2-14.017, 32.214-2-16.000, 32.214-2-5.019, 32.214-2-1.000. Business not included. Private Remarks: Sale includes architectural plans for the two buildings with frontage on Lake Flower Ave. Business is not for sale. 5 parcels total, listing includes Tax Map #'s: 32.214-2-15.018, 32.214-2-16.000, 32.214-2-14.017, 32.214-2-5.019, 32.214-2-1.000. PLEASE NOTE PRICE DECREASE INCLUDES 2 ADDITIONAL ADJACENT PROPERTIES. OFFERING NOW INCLUDES A TOTAL OF 5 PROPERTIES, NOT THE PREVIOUS 3 PARCELS.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

07

APN/PARCEL ID

154003-032-214-0002-014-017-0000

ASK ABOUT THIS PROPERTY

Brenda GouletteEngel & Völkers Lake Placid Real EstateMore Info
518-523-4404

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Brenda GouletteEngel & Völkers Lake Placid Real EstateMore Info
518-523-4404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.