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Villa Vespa

2 Bd | 1 Ba | 1 Hlf Ba | MLS #: 161579 | 1,665 sq. ft
  • Exterior Of Villa Vespa Building With Covered Porch

Kathleen Fischer
NYS Associate Real Estate Broker
Office: (518) 523-3333
Cell: (518) 524 2666
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This mixed commercial/residential building provides an excellent opportunity for any professional office, retail shop or restaurant.  The busy location has excellent exposure with an off street parking lot and an upper level 2 bedroom apartment with Lake Placid views that currently generates $950 per month in rental income or could be ideal for owner use. The main floor is now housing a take-out pasta restaurant, but could easily be converted into a professional office, a single family home or several other business options. The building is well priced with a nice wrap around covered porch and there are views of Lake Placid from the upper floor apartment. This establishment is conveniently positioned within walking distance from several hotels, venues and 2 large grocery stores in one direction and Lake Placid Main Street with restaurants and venues in the other direction.

Very few Lake Placid homes are for sale in this price range with an option to combine a professional and business opportunity in the purchase. Take advantage of this great real estate offer by using the commercial space and renting out the apartment for extra income or utilize the space as owner housing.

Commercial Space with 2 Bedroom Apartment in Excellent Location

Interior Details

  • Apartments
  • Commercial
Building Stories: 2
Square Feet: 1665
Bedrooms: : 2
Full Baths: : 1
Half Baths: : 1
Interior Features:
  • Cable
  • Handicap Access

Exterior Details

Location: : Lake Placid
Exterior Features:
  • Covered Porch
APX Acreage: 0.1
Off Road Parking at Rear of Building
County: Essex
No Garage
School District: Lake Placid
Total Taxes: $ 5096.41
  • Commercial
  • Lake
  • Residential
  • Residential
  • Commercial
  • Additional Features: Commercial Space on Lower Level
  • Additional Features: 2 Bedroom Apartment on Upper Level