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
Chargement de Google Map en cours...
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Select Sotheby’s International Realty offers exemplary service to real estate buyers and sellers in the Upstate New York area, with a specialized focus on unique and distinctive properties. Our real estate brokers and agents are locals with in depth knowledge of the Upstate New York real estate market and the surrounding real estate markets of Lake George, The Catskill Mountains, Lake Placid, Saratoga, and Central New York. Select Sotheby’s International Realty’s clients should expect personal attention, and extraordinary marketing from the most knowledgeable agents in the Upstate New York area. Servicing everything from the Catskills north to the Canadian border and form Vermont west past the Finger Lakes and Thousand Islands we specialize in Saratoga Springs Real Estate, Catskills Real Estate, Lake Placid Real Estate, Lake George Real Estate, Central New York real estate, and many other local communities.
The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby's International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.