Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio/1bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings-see Conceptual...
Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio/1bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings-see Conceptual Site Plan in Documents! Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/residential expansion/growth are many! Apartments stay occupied, current monthly income is approximately $16,000 (per seller). On Lake Placid free shuttle route, in walking distance to all the main attractions **Owner financing possible**
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
Public Water, Public Water Available, Public Sewer
Meadow, Mountains, Wooded
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