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2442 Main St

6,442 SF Retail Building Lake Placid, NY 12946 £1,851,256 (£287/SF)

Investment Highlights

  • Prime location on bustling Main Street, Lake Placid
  • 2 buildings plus outdoor space
  • Formerly a thriving restaurant and brewery

Executive Summary

One of the most successful and iconic locations in downtown Lake Placid is now available for sale. Situated on bustling Main Street, this two-story property has been a staple of the community for decades, remaining in the same family since 1981. The building is thoughtfully designed to accommodate a thriving restaurant and brewery operation. It features a spacious restaurant area and second floor which is suitable for offices or renovated living space. The upstairs space offers significant space with bathrooms, views of Mirror Lake and further potential to create a second floor balcony if desired. A large patio and beer garden offer an inviting outdoor setting, perfect for patrons to enjoy Lake Placid's lively atmosphere. At the rear of the property, a dedicated brewery-style garage houses brewing equipment and tap lines that connect directly to the former restaurant, creating a seamless and efficient operation. The location is unbeatable—directly across from Mid's Park, a hub of year-round concerts and Olympic activities. The property is also within walking distance of major hotels, local landmarks, and residential neighborhoods such as Hillcrest Park and Signal Hill, ensuring a steady flow of visitors and loyal patrons. This is a rare opportunity to acquire a prime piece of Lake Placid real estate in a high-demand location. Property open for viewing: Until January 3rd, 2025. After the viewing period, the property will be open for bidding.This offering does not include any business interests, name, goodwill or restaurant trade fixtures only the real property. Don't miss your chance to own a cornerstone of Lake Placid's Main Street.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,442 SF
Building Class
B
Year Built
1981
Price
£1,851,256
Price Per SF
£287
Tenancy
Single
Number of Floors
2
Building FAR
0.42
Lot Size
0.35 AC
Zoning
commercial
Parking
1 Space (0.16 Spaces per 1,000 SF Leased)
Frontage
50 ft on Main Street

Nearby Major Retailers

Starbucks
NBT Bank
Community Bank
Hannaford

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
154001-042-158-0006-004-000-0000
Land Assessment
£504,668
Improvements Assessment
£284,852
Total Assessment
£789,520
  • Listing ID: 34344000

  • Date on Market: 02/01/2025

  • Last Updated:

  • Address: 2442 Main St, Lake Placid, NY 12946

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