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$ 2,195,000
Est. payment /mo
Active
1970 Saranac AVE Lake Placid, NY 12946
14,663 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 14,663 sqft
Price per Sqft $149
MLS Listing ID 207780
Year Built 1900
Annual Tax Amount $10,814
Lot Size 3.100 Acres
Acres 3.1
Property Sub-Type Hotel/Motel
Source Adirondack-Champlain Valley MLS
Property Description
Positioned at the western gateway to the Village of Lake Placid on Saranac Avenue, Whiteface Vista is 3.1 acres of genuinely irreplaceable ground: panoramic, unobstructed views of Whiteface Mountain, a gem of the Adirondack High Peaks, high visibility from Route 86, and a parcel size that supports a meaningful redevelopment footprint. Comparable acreage with this combination of access, view, and position does not come to market in Lake Placid with any frequency.
The site currently operates as a 30-room lodging property across multiple buildings, a functioning income asset today, and a placeholder for a higher use tomorrow. The corridor has produced some of the region's more closely watched development activity over the past several years, and Whiteface Vista sits at its natural inflection point.
The opportunity suits a developer, hospitality operator, or land-forward investor with a vision, a new hotel, resort, workforce housing project, or mixed-use development anchored by frontage and views few sites in Lake Placid can match. Full financials and property profile available to qualified buyers upon request.
The site currently operates as a 30-room lodging property across multiple buildings, a functioning income asset today, and a placeholder for a higher use tomorrow. The corridor has produced some of the region's more closely watched development activity over the past several years, and Whiteface Vista sits at its natural inflection point.
The opportunity suits a developer, hospitality operator, or land-forward investor with a vision, a new hotel, resort, workforce housing project, or mixed-use development anchored by frontage and views few sites in Lake Placid can match. Full financials and property profile available to qualified buyers upon request.
Location
State NY
County Essex
Others
Senior Community No
Listed by Matthew Preston Smith • Landvest, Inc.
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