Property Type:
Commercial Sale
Square Footage:
5,127
Lot Size (sq. ft.):
16,988
Status:
Closed
Current Price:
$815,000
List Date:
6/13/2022
Last Modified:
9/02/2024
Description
Well-established commercial building on a highly visible roadway in Lake Placid & within walking distance to Main Street. Across the street from a highly anticipated 185 room hotel, this one story building currently houses 2 successful businesses with a total square footage of 5127 sq ft and with plenty of parking available in the back lot. The front restaurant pays $2500 monthly with a month to month lease. They also pay their own electric and heat and 1/2 bld. expenses for taxes, plowing, water/sewer and trash removal. The rear restaurant pays $3200 monthly, their own electric and heat and shares plowing and trash removal costs. This location could be ideal for a new build or different type of operation. This listing also includes Tax ID# 42.125-1-1.025
