This commercial listing is ideally located on Main Street in Lake Placid, NY. The assessed values, taxes and parcel size noted include both the front Main Street building with the 2 restaurants (Aki Sushi and the Farmhouse) and 3 apartments along with the rear building, Tax ID # 42.207-4-11.000 that has 4 apartments and a parking area. The tenants pay their own electric and this combined property provides an excellent income of $88,200 yearly or $7,350 monthly. Both of the commercial spaces and all apartments are fully occupied and an investor would be able to increase rents on the apartments subject to lease expiration.
2 Commercial Buildings with Restaurants & Apartments in Lake Placid
| MLS #: 161288 | 7,409 sq. ft
New York State Real Estate Agent
Office: (518) 523-3333
Great Main Street Location for 2 Commercial Buildings!
Square Feet: 7409
Location: : Lake Placid
APX Acreage: 0.23
7 Parking Spaces
School District: Lake Placid
Total Taxes: $ 10900.60
- Additional Features: Front Building has 2 Retail Spaces on Main Street with 3 Apartments
- Additional Features: Rear Building has 4 Apartments and plenty of parking space