New

$1,225,000

For Sale

3 days ago

133-139 Broadway, Saranac Lake, NY

Name: 133-139 Broadway, For Sale in Saranac Lake - eXp Realty
Brand: Say Real Estate
SKU: 208047
Price: 1225000 USD

Condo

MLS® 208047

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes $13,837

Days Active 2

Approx. Age 1930

MLS® Number 208047

Property Address: 133-139 Broadway, Saranac Lake, NY, 12983

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional investment opportunity in the heart of downtown Saranac Lake. Encompassing nearly an entire village block, this professionally managed mixed-use portfolio offers a rare combination of stability, visibility, and long-term growth potential. Situated on approximately 1.11 acres and spanning four separate tax parcels, the offering includes 18 fully leased income-producing units in one of the Adirondacks' most vibrant commercial districts. The centerpiece is a classic four-story brick building featuring 12 residential apartments and 2 street-level commercial spaces, complemented by an adjacent building offering an additional 3 residential apartments above a commercial space. A dedicated parking lot provides ample off-street parking for tenants and street parking spaces for customers--an increasingly valuable amenity in the village center. Steeped in local history, 139 Broadway has evolved through the years from a beloved restaurant and miniature golf attraction and continues its legacy today as a thriving commercial property. Every unit is currently leased, creating immediate income while offering future flexibility and investment upside. Positioned in close proximity to the Adirondack Rail Trail and within the energetic heartbeat of downtown Saranac Lake, tenants enjoy walkable access to cafés, restaurants, breweries, boutique shopping, the Pendragon Theatre, the weekly Farmers Market, Riverside Park, year-round community events, and the popular Summer Concert Series. This prime location continues to benefit from the village's growing tourism economy and year-round appeal. Whether you're expanding an investment portfolio, completing a 1031 exchange, or seeking a landmark mixed-use asset with proven performance, opportunities 133-139 Broadway represents not only a collection of buildings, but a cornerstone investment in the continued growth and vitality of one of the Adirondacks' most sought-after communities.

MLS® Number208047

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1930

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatHot Water, Oil

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 4, 2026List Date

$1,225,000List Price

Commute

Commute

Starting Address

Destination Address

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