Lake Placid See all listings

2427 Main Street, Lake Placid NY 12946

$1,250,000

MLS# 173433

0.1046 acres

8,476 sq. ft


Listing Courtesy of: Adirondack Premier Properties Berkshire Hathaway HomeService

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Overview

Lake Placid Main Street commercial retail/apartment building located directly on Mirror Lake with 40 ft. of waterfront and rear yard area with dock. Eight apartments and 2,700 sq. ft. of leased retail space on the Main St. level (total gross income $11,900/month). Beautiful Lake and Mountain View’s from the rear of the building. Excellent investment opportunity with potential to convert apartments to short term vacation rentals.

Details & Amenities

Listing Details

  • MLS #: 173433
  • Status: Active
  • Date Listed: 05-21-2021
  • Days On Market: 613
  • Sq. Ft: 8,476
  • Acreage: 0.1046
  • Business Type: Apartments, Retail Commercial
  • Seasonal Property: No
  • Listing Courtesy of: Adirondack Premier Properties Berkshire Hathaway HomeService

Interior Features

  • Basement: Exterior Entry, Partial, Unfinished
  • Heating Type: Baseboard, Hot Water, Electric, Oil
  • Air-conditioning Type: Wall Unit(s), Mini-Split

Exterior & Lot Features

  • Area: None
  • County: Essex
  • Town: Lake Placid
  • Township: N Elba
  • School District: Lake Placid
  • Views: Lake
  • Lot Features: View Mountains
  • Lot Size Area: 4558.4
  • Lot Size Dimensions: 40.7 x 112
  • Road Type: Paved
  • Body of Water : Mirror Lake
  • Waterfront Features: Lake Front
  • Frontage: Road Frontage(33 Ft), Water Frontage(40.7 Ft)
  • Zoning Description: Commercial

Building & Construction

  • Tax Map #: 42.15919.000
  • Annual Taxes: $19,619
  • Year Built: 1900
  • Parking Features: Public, Off Street, Parking Lot
  • Exterior Siding: Frame, Wood, Vinyl
  • Roof Type: Rolled/Hot Mop, Composition
  • Foundation Details: Stone
  • Electric AMP: 150 Amp Service, 200+ Amp Service
  • Water/Sewer Expense: 6880