5825 Cascade Rd, Lake Placid, NY 12946
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5825 Cascade Rd, Lake Placid, NY 12946
5825 Cascade Rd, Lake Placid, NY 12946
5825 Cascade Rd, Lake Placid, NY 12946
5825 Cascade Rd, Lake Placid, NY 12946
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Blythe Niles-Linster

Blythe Niles-Linster

Engel & Völkers Lake Placid

+1(914) 588-1316
$ 1,700,000
Est. payment /mo
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Pending

5825 Cascade Rd Lake Placid, NY 12946

8,344 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Pending

Purchase Type For Sale

Square Footage 8,344 sqft

Price per Sqft $203

MLS Listing ID 205889

Year Built 1975

Annual Tax Amount $7,820

Lot Size 1.100 Acres

Acres 1.1

Property Sub-Type Hotel/Motel

Source Adirondack-Champlain Valley MLS

Property Description

The Carriage House Motel offers a hospitality investment opportunity in the Olympic village of Lake Placid. The property has 17 Rooms and a three-bedroom, two-bath home. Located along Route 73, just minutes from Main Street and Lake Placid's shops, dining, and Olympic venues, this well-positioned property benefits from tourism driven by outdoor recreation, international sporting events, and the natural beauty of the Adirondacks.
The motel features a mix of guest rooms, each with air conditioning, WiFi, and in-room conveniences such as refrigerators and cable TV, and ample on-site parking.

The Carriage House Motel combines strong location appeal with a practical lodging format that caters to budget-conscious travelers, families, and groups. Proximity to major attractions such as the Olympic Jumping Complex, Mirror Lake, Whiteface Mountain, and the High Peaks Wilderness ensures consistent demand across all four seasons.

This offering presents investors with the chance to own a stable, hospitality asset in one of the Northeast's most desirable mountain resort destinations.

Location

State NY

County Essex

Direction On Cascade Rd. See RE Sign

Rooms

Basement Crawl Space, Finished, Full

Interior

Heating Baseboard, Zoned

Cooling Multi Units

Inclusions Inventory, Fixtures, Equipment, Furniture

Appliance Ice Maker, Washer/Dryer, Water Heater

Laundry In Basement

Exterior

Utilities Available Cable Connected, Internet Connected, Sewer Connected

Roof Type Asphalt

Total Parking Spaces 21

Building

Foundation Poured

Sewer Public Sewer

Water Public

Structure Type Wood Siding

Others

Senior Community No

Tax ID 42.74-4-11.000

Security Features Carbon Monoxide Detector(s),Fire Alarm,Smoke Detector(s)


Listed by Marie Wigger Morgan • Merrill L. Thomas, Inc.

Blythe Niles-Linster

Blythe Niles-Linster

Advisor | License ID: 10401305210

+1(914) 588-1316

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5825 Cascade Rd