Aerial view of the property

Mixed-Use Commercial Lake Placid

1991 Saranac Ave, Lake Placid, NY
List Price: $1,650,000
List Price: $1,650,000
12 Beds
8 Bathrooms
9,000 Sq. Footage
2.3 Acreage

Rare investment opportunity with long term tenants and future potential in a highly visible traffic corridor in Lake Placid, NY. A combination of commercial businesses, vacation rentals, and long term rental apartments make this property extremely unique. Many recent renovations to vacation rental properties and miniature golf course have enhanced the value of this property tremendously. Current gross income exceeds $230,000 however miniature golf course is family run and rent is low. Financials will be provided to qualified buyers.

Details
  • Type: Commercial
  • Bedrooms: 12
  • Baths: 8
  • Acreage: 2.3
  • Approx Sq Ft: 9000
  • Year Built: 1930
  • MLS#: 162737
  • Location: 1991 Saranac Ave, Lake Placid, NY
  • Views: Whiteface Mountain
  • Heat: Electric
  • Furnished: Yes
  • Listing Agent: Nicholas S. Politi
Amenities
  • Boots and Birdies Miniature Golf Course
  • Adirondack Awards
  • Peak Edge Performance
  • Fitness Revolution
  • Mt. Joe Vacation Rental
  • Little Joe Apartment
  • Sterling Manor Vacation Rental
  • Front Rental Cabin
  • Trader Bob's
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