38 Broadway - Storefront Retail/Office FOR SALE


Saranac Lake, NY 12983
$275,000 USD
518-523-2519
38 Broadway, Saranac Lake, NY for Sale
$275,000 USD
Storefront Retail/Office - FOR SALE
1/19
null | Request Cap Rate

38 Broadway
Saranac Lake, NY 12983


HIGHLIGHTS

  • Heavy Foot Traffic
  • High Exposure
  • Blank Canvas

OVERVIEW

Welcome to 38 Broadway, Saranac Lake, NY—a prime commercial property that combines historic charm with modern potential! Situated on a .04-acre lot, this expansive 3,900 square foot building. Local sources indicate construction was in 1895 (Sanborn Maps) while county records say 1925. Historically D. F. Perkett’s women’s clothing (1915), Readers (1920s), Foy’s Theater/Everett’s, Walsh’s Shoes, Marinello Beauty Shop, this was also the address of the dental office of Dr. Vernon H. Jordan, but known to most locally as the JCPenny Catalog store. With a prominent location in the heart of Saranac Lake, this versatile property is perfectly positioned for any kind of commercial use, whether you envision a bustling retail shop, a cozy café, or professional office space. The high visibility and foot traffic in this vibrant community ensure your business will thrive. Above the commercial space, you’ll find a spacious three-bedroom apartment, ideal for live-work arrangements or as a rental opportunity. This over-sized unit boasts character with interesting rounded doorways, and comfort, making it a desirable living space for those looking to immerse themselves in the charm of Saranac Lake. The surrounding area is rich with outdoor activities, including hiking, skiing, and boating, attracting both locals and tourists year-round. Additionally, the property is conveniently located near shops, restaurants, and cultural attractions, making it a perfect hub for business. Don’t miss your chance to own this exceptional property at 38 Broadway—where history meets opportunity in a picturesque Adirondack setting!

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freedom Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,528 SF

ZONING

05 - COMME

APN/PARCEL ID

164601-447-069-0007-023-000-0000,164601-447-069-0007-024-000-0000

ASK ABOUT THIS PROPERTY

Robert PolitiMerrill L. Thomas, Inc.More Info
518-523-2519

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Robert PolitiMerrill L. Thomas, Inc.More Info
518-523-2519

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