See Home Value
Essex 12946
1936 Saranac Ave
$71,395*
Commercial - Off Market

1936 Saranac Ave

Lake Placid, NY 12946
bedrooms
Studio
bathrooms
0 Bath
square feet
3900 Sqft
$40,000 - $50,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Priced to sell! Caffe Rustica is a very popular local restaurant dedicated to fine dining and beverages with a formidable reputation and following of tourists & local patrons. Established for 15 years Caffe Rustica has achieved consistent sales and profitability over a number of years,  based on serving dinner six nights a week and select catering contracts. There is room for very significant and upside potential if desired.  Featuring two beautifully decorated dining rooms with seating for 50+, mahogany bar seats 8, office space, wood fired pizza oven, walk-in cooler, prep & dishwasher areas, beer & dry storage, business is being sold turn-key, including an updated POS system, all equipment

The manager has listed the unit size as 3900 square feet.
Unit Size
3,900Ft²
Days on Market
-
Land Size
-
Price per sqft
$13
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 10, 2020 No longer available -
No longer available
Sep 13, 2019 Price Decreased $49,000
↓ $26K (34.7%)
Price Decreased
Sep 7, 2019 Price Decreased $75,000
↓ $24K (24.2%)
Price Decreased
Jun 19, 2019 Price Decreased $99,000
↓ $100K (50.3%)
Price Decreased
Feb 12, 2019 Listed $199,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Timeshare
Loft
1.5 Baths
866 ft²
$51/ft²
$44,500 Jan 26, 2023
-
$28/mo
Timeshare
Loft
1.5 Baths
833 ft²
$54/ft²
$45,000 Jan 19, 2023
-
$14/mo
Timeshare
Loft
1.5 Baths
833 ft²
$50/ft²
$41,500 Feb 24, 2023
-
$14/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190212
02/12/2019
Studio
-
3900 ft²
$199,000
bedrooms
Studio
bathrooms
-
square feet
3900 ft²
-
-
-
Chantal Vinette-Gregg
Engel & Volkers Lake Placid

Building Info

1936 Saranac Avenue 1936 Saranac Avenue, Lake Placid, NY 12946
More about this Building
1936 Saranac Avenue
Want to find out who owns 1936 Saranac Avenue, Lake Placid, NY 12946? Get detailed property transactions here .

About Essex


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