Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio & 1-bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings - see Proposed...
Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio & 1-bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings - see Proposed Conceptual Site Plan/ Docs. 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/resid. expansion and growth are many! Apartments are 100% occupied, current monthly income is approximately $16,000 (as per seller). On Lake Placid free shuttle route, in walking distance to all the main attractions *Owner financing*
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
Bus-Public, Cable TV, Carbon Monoxide Detector, Swimming Pool
Off Street, Public
Public Water, Public Sewer
Meadow, Mountains, Residential
Paved, Level, View, View Mountains
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