74 Main St - Freestanding FOR SALE


Saranac Lake, NY 12983
$675,000 USD
518-562-9999
74 Main St, Saranac Lake, NY for Sale
$675,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

74 Main St
Saranac Lake, NY 12983


HIGHLIGHTS

  • Turnkey restaurant & bar with a 25+ year local following (est. 1997) — operate on day one.
  • Prime Main Street location adjacent to the municipal parking lot for easy customer access.
  • High pedestrian traffic driven by Saranac Lake’s year-round events and tourism.
  • Flexible floor plan to continue the Downhill Grill legacy or launch a new concept.
  • Expansion potential to add up to two additional floors (subject to approvals).
  • Operational efficiency with a full basement providing ample storage and back-of-house support.

OVERVIEW

Seize the opportunity to own a piece of Saranac Lake’s vibrant dining scene with the Downhill Grill, a renowned and well-established restaurant and bar since 1997 located in the heart of this charming town. This turnkey property is perfectly positioned for a new owner to continue its legacy as a beloved local favorite or to introduce an exciting new culinary experience to the area. Situated centrally in a thriving community known for hosting major events that draw significant foot traffic, Downhill Grill enjoys an enviable location adjacent to the Main Street municipal parking lot, ensuring easy accessibility for both locals and visitors. There is opportunity to add up to two floors to this magnificent building and the full basement offers more than sufficient storage. Whether you’re looking to build upon its success or bring fresh flavors to Saranac Lake, this restaurant is primed and ready for its next chapter.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meyer's Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,728 SF

ZONING

05

APN/PARCEL ID

164601-447-077-0008-022-000-0000

ASK ABOUT THIS PROPERTY

PJ WhitbeckColdwell Banker WhitbeckMore Info
518-562-9999

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PJ WhitbeckColdwell Banker WhitbeckMore Info
518-562-9999

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