Third time is not the charm for auction
Village plans to build driveway to spur interest
SARANAC LAKE — The village plans to add an access road to a couple of properties that failed to sell at auction for the third time on Monday.
Collectively known as 400 Broadway, the two wooded parcels went to auction at the end of November 2018 and in February 2019, receiving bids from Taylor Rental that the village deemed too low. The parcels are located between Taylor Rental and Saranac Lake Baptist Church.
Mayor Clyde Rabideau said the lack of interest is likely because there’s no access to Broadway (state Route 86) on the property. He said the village plans to build a small driveway connecting the property to the road in the spring. He estimated the cost to be around $10,000.
After that, he said the village would go out to bid to a real estate firm within village to broker the sale to a prospective buyer.
The minimum bid at Monday’s auction on the Harrietstown Town Hall steps was $75,000.
The two parcels, with a combined 3.14 acres, are vacant, with access to municipal water and sewer. One of the lots has an environmental easement on its use, placed after contaminants were found on site.
(Correction: An earlier version of this article incorrectly said the driveway the village plans to build would connect to state Route 3.)