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2241 Saranac Ave., Lake Placid, NY 12946

$600,000
Property Type: Commercial Sale Square Footage: 2,900 Lot Size (sq. ft.): 13,504 Status: Closed
Current Price: $600,000 List Date: 12/11/2020 Last Modified: 9/02/2024

Description

Established commercial building in a prime location. Four commercial spaces-two currently leased. Two unit residence-1-bedroom and a 2-bedroom-both currently leased. Apartments have been completely remodeled inside and are really cute. Ample parking along the front of the building. Completely renovated in 2005; Updated wiring throughout the commercial building with separate electric meters for each space. Mountain Mist Ice cream shop-historically the location of Custard, Mustard & Brew of Lake Placid-name can be transferred with title. Tenant pays annual lease but is only open during the summer months. Second space is in the process of signing a lease. Center space was set up for a restaurant but could be adapted to a new tenants requirements, it was used as the owners yarn shop. Additional end space would be excellent for office space or combined to make a larger rental with the center space. Many options. Owner is in the process of interviewing tenants for all empty spaces.

More Information MLS# 172383

Location, Tax, and Legal

Tax Annual Amount: 8712 Land Tax Annual Amount: 1795.49 APA: Hamlet Deed Date: 2010-05-19

General Property Information

Tax Assessed Value: 382600 Lot Size Dimensions: .31 Building Area Total: 2900 Year Built: 1975 Lot Size Acres: 0.31

Status Change Information

Status Change Timestamp: 2021-02-16 Buyer Financing: Seller Financing Concessions Amount: 0 Major Change Timestamp: 2021-02-16T20:53:36Z Major Change Type: Status Change Under Contract Date: 2021-01-24 Close Date: 2021-02-16 Close Price: 600000

Appliances

Electric Water Heater: 1

Basement

Finished: 1 Partial: 1 Walk-Out Access: 1

Construction Materials

Frame: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 160 Volume: 1456

Documents Available

No Documents: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 2824.15 Village Taxes: 2780.79

Foundation Details

Poured: 1

Heating

Baseboard: 1 Electric: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Paved: 1

Parking Features

Private: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Tenant Pays

Electricity: 1 Water: 1

Included

Fixtures: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $600,000 Original List Price: 650000 Sold Price: $600,000 Status: Closed Listing Contract Date: 2020-12-11 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2241 Street Name: Saranac Ave. County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.125-2-2.026 Zoning: Commercial

Income and Expenses

Insurance Expense: 6585

Property Features

Appliances: Electric Water Heater Basement: Finished; Partial; Walk-Out Access Construction Materials: Frame; Wood Siding Cooling: Window Unit(s) Documents Available: No Documents Electric: 200+ Amp Service Foundation Details: Poured Heating: Baseboard; Electric Included: Fixtures Listing Terms: Cash; Conventional Lot Features: Paved Parking Features: Private Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: Electricity; Water Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Commercial Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Courtesy of Bonnie L Morris
IDX
Information deemed reliable but not guaranteed.