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133-139 Broadway

Saranac Lake, NY 12983
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Bed --

Bed

Bath 0

Bath

Acres1.11

Acres(Lot)

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 custo mers--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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,225,000

AD Id : 89098057

MLS Id : 208047

Lot Size : 1.11 Acres

Year Built : 1930

County : Franklin

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Rolled/Hot Mop
  • Interior Features

    Roof: Rolled/Hot Mop Appliances: Electric Oven, Electric Range, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water, Oil Cooling: None

  • Building Information

    Year Built: 1930 Building Area Total: 7594 Construction Materials: Brick Stories: 3 Private Pool: No View: Mountain(s)
  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 1.11 Acres Lot Size Acres: 1.11 Lot Size Square Feet: 48351.6

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Saranac Lake, Raybrook Property SubType: Apartment Property Age: 96

  • Listing Price Information

    Listing Price: $1225000 Cash

  • Tax Information

    Parcel Number: 446.68-7-5.100 +++ Annual Tax: $13837.15

  • Parking Information

    No Garage

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: At intersection of Broadway and Bloomindale Avenue light take Broadway to 133-135 Broadway
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 7 Oseetah Woods Road, Saranac Lake, NY, 12983 $389,000 -- -- --
1341 State Route 3, Saranac Lake, NY, 12983 $595,000 4 3 3,134 3,134 SqFt
1225 State Route 3, Saranac Lake, NY, 12983 $325,000 3 2 1,440 1,440 SqFt
144/148 Breezy Acres Lane, Saranac Lake, NY, 12983 $429,000 3 2 1,080 1,080 SqFt
8 Seneca Avenue, Saranac Lake, NY, 12983 $375,000 3 3 2,300 2,300 SqFt
39 Poplar Lane, Saranac Lake, NY, 12983 $559,000 3 2 1,920 1,920 SqFt
27 Winona Avenue, Saranac Lake, NY, 12983 $324,900 -- -- --
1235 Pine Street, Saranac Lake, NY, 12983 $225,000 2 1 729 729 SqFt
189 Oseetah Woods Road, Saranac Lake, NY, 12983 $1,999,999 3 4 2,519 2,519 SqFt
517 Forest Hill Avenue, Saranac Lake, NY, 12983 $389,900 5 2 2,016 2,016 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Adirondack-Champlain Valley Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Adirondack-Champlain Valley Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 08/21/2026 @ 21:36

MLS: 208047 LISTED BY: Carl (CJ) Hagmann, Say Real Estate SOURCE: AdirondackChamplain Valley MLS

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