www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32311181
32311197

97 Main Street, Saranac Lake, NY 12983

Coldwell Banker Whitbeck
Listed by Coldwell Banker Whitbeck
$695,000
29 days on market
Updated 28 days ago

97Main Street

Details
Property Type Special Purpose
Sub Type Other
Square Footage 8,449
Year Built 1930
Acreage 0.110

Special Purpose | 8,449 SqFt

Marketing description

Exceptional mixed-use commercial building ideally positioned in the heart of Saranac Lake's central business district. Featuring attractive architecture and strong curb appeal, this high-visibility, income-producing property sits directly across from the landmark Hotel Saranac, placing it at the center of downtown activity. The property offers two expansive commercial spaces. The street-level storefront is currently occupied by The Village Mercantile under a long-term lease, providing stable income. The lower-level commercial space, with direct access from Berkeley Square, is presently available--ideal for an owner-user or additional rental opportunity. Above, a spacious and fully remodeled two-bedroom apartment delivers added income potential or a desirable live-work option. With its roomy living, kitchen, and dining areas, the apartment provides plenty of space for individuals looking to work from home. The apartment also includes a convenient laundry area. The building has seen numerous exterior improvements over the past decade, including a new roof installed in 2021. Uniquely situated between two charming green spaces--Vest Pocket Park and Berkeley Square--the property benefits from year-round community events and consistent foot traffic. A large public parking lot at the rear ensures convenient access for both tenants and customers. Outdoor recreation and cultural amenities further enhance the location, with multiple access points to the Adirondack Rail Trail nearby, and the newly opened Pendragon Theatre just a short three-minute walk away. Located in the thriving village of Saranac Lake, a growing cultural hub known for its vibrant arts scene, seasonal events, and popular summer Thursday evening art walks, this is a rare opportunity to own a well-maintained, prominently located asset in one of the Adirondacks' most dynamic downtowns.
Icon
Powered by Coldwell Banker
Learn More

Listing Contacts

Coldwell Banker Whitbeck
Listed by Coldwell Banker Whitbeck

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591