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Adirondack Real Estate

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12 Morningside Drive, Lake Placid, NY 12946

$225,000
Property Type: Commercial Sale Square Footage: 1,240 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $225,000 List Date: 7/02/2015 Last Modified: 9/02/2024

Description

Commercial office building located on Morningside Drive in Lake Placid. Professional office space on the main level and second level totals 1240 sq. ft.. Fully leased and occupied. Great commercial investment property!

More Information MLS# 153588

Location, Tax, and Legal

Tax Annual Amount: 1916.38 Land Tax Annual Amount: 490.64 APA: Hamlet Deed Date: 2008-02-01

General Property Information

Tax Assessed Value: 112500 Lot Size Dimensions: .10 Building Area Total: 1240 Year Built: 1956 Lot Size Acres: 0.1 Water Body Name: None

Status Change Information

Status Change Timestamp: 2015-07-06 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2015-07-06T13:09:32Z Major Change Type: Status Change Under Contract Date: 2015-07-03 Close Date: 2015-07-06 Close Price: 225000

Appliances

Electric Water Heater: 1

Basement

Partial: 1 Unfinished: 1

Construction Materials

Asbestos: 1 Block: 1 Frame: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 25 Volume: 1565

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 774.49 Village Taxes: 651.25

Heating

Baseboard: 1 Electric: 1

Listing Terms

Cash: 1

Lot Features

Paved: 1

Parking Features

Off Street: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

Internet Available: 1 Sewer Connected: 1 Water Connected: 1

View

Commercial: 1

Income and Expenses

Gross Income: 0 Lawn Care/Snow Removal Expense: 0

Tenant Pays

Electricity: 1 Heat: 1

Included

Fixtures: 1

Unit One

Total SqFt: 826 Unit Name: Office Lease Rate: $750 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Two

Total SqFt: 414 Unit Name: Office Lease Rate: $500 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Three

Total SqFt: 0 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Contract Information

Current Price: $225,000 Original List Price: 250000 Sold Price: $225,000 Status: Closed Listing Contract Date: 2015-07-02 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 12 Street Name: Morningside Street Suffix: Drive County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.224-1-10.000 Zoning: Commercial Directions: 12 Morningside Drive located adjacent to the Log Office building in Lake Placid.

Property Features

Appliances: Electric Water Heater Basement: Partial; Unfinished Construction Materials: Asbestos; Block; Frame; Wood Siding Cooling: Window Unit(s) Electric: 200+ Amp Service Heating: Baseboard; Electric Included: Fixtures Listing Terms: Cash Lot Features: Paved Parking Features: Off Street Road Frontage Type: Public Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: Electricity; Heat Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial
Listing Courtesy of Non-Member
IDX
Information deemed reliable but not guaranteed.
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