Schedule a Consultation
Select one or more locations to search for properties
Advanced Search
Select one or more locations to search for properties
Property Type
Property Sub Types
Property Sub Types
Property Sub Types
Property Sub Types
Property Sub Types
Property Sub Types
More Search Options

Adirondack Real Estate

Explore a curated selection of Adirondack real estate, including land, waterfront properties, and homes for sale. As both a builder and licensed real estate professional, we help clients evaluate opportunities and plan what comes next.

We have the experience to find an Adirondack property and turn it into a home.

Explore our services

BROWSE BY LOCATION

2427 Main Street, Lake Placid, NY 12946

$1,150,000
Property Type: Commercial Sale Square Footage: 8,476 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $1,150,000 List Date: 1/02/2025 Last Modified: 1/27/2025

Description

Lake Placid Main Street commercial retail/apartment building located directly on Mirror Lake with 40 ft. of waterfront and rear yard area with dock. Eight apartments and 2,700 sq. ft. of leased retail space on the Main St. level (total gross income $11,900/month). Beautiful Lake and Mountain View's from the rear of the building. Excellent investment opportunity with potential to convert apartments to short term vacation rentals.

More Information MLS# 173433

Location, Tax, and Legal

Tax Annual Amount: 19619 Land Tax Annual Amount: 5209.17 APA: Hamlet Deed Date: 2014-10-31

General Property Information

Tax Assessed Value: 1268000 Lot Size Dimensions: 40.7 x 112 Building Area Total: 8476 Year Built: 1900 Lot Size Acres: 0.1 Waterfront YN: 1 Water Body Name: Mirror Lake

Status Change Information

Status Change Timestamp: 2025-01-02 Concessions: No Buyer Financing: Conventional Major Change Timestamp: 2025-01-02T14:53:19Z Major Change Type: Status Change Under Contract Date: 2024-12-20 Close Date: 2025-01-02 Close Price: 1150000

Appliances

Electric Water Heater: 1

Basement

Exterior Entry: 1 Partial: 1 Unfinished: 1

Construction Materials

Frame: 1 Vinyl Siding: 1 Wood Siding: 1

Cooling

Ductless: 1 Wall Unit(s): 1

Deed Details

Instrument: deed Page: 208 Volume: 1782

Electric

150 Amp Service: 1 200+ Amp Service: 1

Financial Details

School Taxes: 7937.78 Village Taxes: 6472.2

Foundation Details

Stone: 1

Frontage Type

Frontage Length: 33 ft

Heating

Baseboard: 1 Electric: 1 Hot Water: 1 Oil: 1

Listing Terms

Cash: 1

Lot Features

Paved: 1

Parking Features

Off Street: 1 Parking Lot: 1 Public Parking: 1

Road Surface Type

Paved: 1

Roof

Composition: 1 Rolled/Hot Mop: 1

Security Features

Carbon Monoxide Detector(s): 1 Fire Alarm: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Lake: 1 Mountain(s): 1 Water: 1

Income and Expenses

Gross Income: 139200 Insurance Expense: 14418 Maintenance Expense: 6700 Other Expense: 14227 Trash Expense: 1475

Tenant Pays

Electricity: 1

Included

Equipment: 1 Fixtures: 1

Unit One

Total SqFt: 2700 Unit Name: Retail Dimensions: 2700 sq. ft Lease Rate: 5250 Retail SqFt: 2700 Ceiling Height: 10

Unit Two

Unit Name: 8 Apts

Showing Requirements

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

Contract Information

Current Price: $1,150,000 Original List Price: 1450000 Sold Price: $1,150,000 Status: Closed Listing Contract Date: 2021-05-20 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2427 Street Name: Main Street Suffix: Street County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.159-1-9.000 Zoning: Commercial Directions: Located at 2427 Main St. opposite the Palace Movie Theater in Lake Placid.

Property Features

Appliances: Electric Water Heater Basement: Exterior Entry; Partial; Unfinished Construction Materials: Frame; Vinyl Siding; Wood Siding Cooling: Ductless; Wall Unit(s) Electric: 150 Amp Service; 200+ Amp Service Foundation Details: Stone Heating: Baseboard; Electric; Hot Water; Oil Included: Equipment; Fixtures Listing Terms: Cash Lot Features: Paved Parking Features: Off Street; Parking Lot; Public Parking Road Surface Type: Paved Roof: Composition; Rolled/Hot Mop Security Features: Carbon Monoxide Detector(s); Fire Alarm Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Lake; Mountain(s); Water Showing Requirements: 48 Hour Notice; Appointment Only; Call Listing Agent
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.
Search powered by FBS Products