518-523-3333 or 1-866-951-0033

Lake Placid Commercial

$1,099,000
| MLS #: 146947 | 8,296 sq. ft
  • Test

Margie Papier Philo
NYS Real Estate Broker/Owner
Office: (518) 523-3333
Cell: (518) 524-7347
margie@adkpp.com
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Main Street Commercial Building

The Bloch Building offers a unique real estate opportunity to purchase a commercial building on Main Street in Lake Placid. This building is currently being used as one large storefront/restaurant, but could be divided into two separate spaces with the two entrances already in place. The current store lease for $3500.00 and half of the cost of the building’s oil heating bill will be null and void upon a sale, allowing for a new owner to either renew the lease or take possession. There is an upper 4 bedroom apartment that rents for $1200 monthly with deck and the 1800 square foot attic space could be developed into additional rentable space. The additional 2 bedroom apartment with lakefront access and a deck rents for $850 monthly along with paying their own heat and there is an additional income from a neighboring business that allows for legal access to the roof in the event of their building evacuation. The building is ideally located on the busiest area of Main Street across from the High Peaks Hotel. There is a new roof and there are Terrific Mirror Lake and Whiteface Mountain views.

A Unique Opportunity to have One or Two Businesses in the Same Building on Main Street

Interior Details

Building Stories: 3
Square Feet: 8296

Exterior Details

Location: : Lake Placid
Exterior Features:
  • Deck
APX Acreage: .1
Lakefront Access on Mirror Lake
County: Essex
No Garage
School District: Lake Placid
Total Taxes: $ 18390.50
Views:
  • Commercial
  • Lake
  • Mountains
Zoning:
  • Commercial