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Main Building with 7 Commercial and rental units

Mixed-Use Commercial Lake Placid

1991 Saranac Ave, Lake Placid, NY
List Price: $1,250,000
List Price: $1,250,000
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 unique combination of commercial businesses, vacation rentals, and long term rental apartments make this property extremely unique. Many recent renovations to vacation rental properties and the miniature golf course have enhanced the value of this property tremendously. Currently the only property in the area with a miniature golf course. Current gross income exceeds 400k and financials will be provided to qualified buyers. Time to get out of the city and move to the Adirondacks.... this is your opportunity.

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: Kelly Locke
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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