2442 Main St - Restaurant FOR SALE


Lake Placid, NY 12946
$2,300,000 USD
518-523-2519
2442 Main St, Lake Placid, NY for Sale
$2,300,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

2442 Main St
Lake Placid, NY 12946


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

commercial

APN/PARCEL ID

154001-042-158-0006-004-000-0000

ASK ABOUT THIS PROPERTY

Robert PolitiMerrill L. Thomas, Inc.More Info
518-523-2519

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Robert PolitiMerrill L. Thomas, Inc.More Info
518-523-2519

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.