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Adirondack Real Estate

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2431 Main Street, Lake Placid, NY 12946

$1,285,000
Property Type: Commercial Sale Square Footage: 9,000 Lot Size (sq. ft.): 2,614 Status: Closed
Current Price: $1,285,000 List Date: 9/25/2014 Last Modified: 9/02/2024

Description

Commercial Building on Main Street with three store fronts including the Brown Dog restaurant, Adirondack Premier Properties, Pinch and a Pound, eight apartments and 60 feet of waterfront on Mirror Lake. All commercial spaces have leases to survive a sale. The sale of the building includes the restaurant fixtures with seating for 100+ and full service bar. Fantastic rent roll income for a new owner that wants turn key tenants with excellent passive income.

More Information MLS# 151054

Location, Tax, and Legal

Tax Annual Amount: 23158.7 Land Tax Annual Amount: 6578 APA: Hamlet Deed Date: 1972-03-10

General Property Information

Tax Assessed Value: 1300000 Lot Size Dimensions: 60 x 125 Enhanced Accessible: Yes Building Area Total: 9000 Year Built: 1907 Lot Size Acres: 0.06 Waterfront YN: 1 Water Body Name: Mirror Lake

Status Change Information

Status Change Timestamp: 2014-10-15 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2014-10-15T14:32:22Z Major Change Type: Status Change Under Contract Date: 2014-10-07 Close Date: 2014-10-15 Close Price: 1285000

Accessibility Features

Accessible Restroom: 1

Appliances

Electric Water Heater: 1

Basement

Full: 1 Unfinished: 1

Construction Materials

Aluminum Siding: 1 Frame: 1 Wood Siding: 1

Cooling

Central Air: 1

Deed Details

Instrument: deed Page: 13 Volume: 512

Documents Available

Deed: 1 Lead Paint: 1 Leases: 1 Property Condition: 1 Survey: 1

Electric

Other: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 8949.73 Village Taxes: 7631

Foundation Details

Block: 1

Heating

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

Listing Terms

Cash: 1

Lot Features

Paved: 1 Sprinklers In Front: 1 Sprinklers In Rear: 1

Parking Features

None: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Rolled/Hot Mop: 1

Security Features

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

Special Listing Conditions

Standard: 1

Utilities

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

View

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

Income and Expenses

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

Tenant Pays

Electricity: 1

Building Features

Kitchen: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1

Unit One

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

Unit Two

Total SqFt: 0 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

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $1,285,000 Sold Price: $1,285,000 Status: Closed Listing Contract Date: 2014-09-25 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2431 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.OEL-1-10.000 Zoning: Commercial Directions: Located on Main Street Lake Placid across from The Palace Movie Theater

Property Features

Accessibility Features: Accessible Restroom Appliances: Electric Water Heater Basement: Full; Unfinished Building Features: Kitchen Construction Materials: Aluminum Siding; Frame; Wood Siding Cooling: Central Air Documents Available: Deed; Lead Paint; Leases; Property Condition; Survey Electric: Other Exterior Features: Lighting Foundation Details: Block Heating: Baseboard; Electric; Hot Water; Oil Included: Equipment; Fixtures; Furniture Listing Terms: Cash Lot Features: Paved; Sprinklers In Front; Sprinklers In Rear Parking Features: None Road Frontage Type: Public Road Surface Type: Paved Roof: Rolled/Hot Mop Security Features: Carbon Monoxide Detector(s); Fire Alarm; Fire Sprinkler System Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected; Propane View: Commercial; Lake; Mountain(s); Water Showing Requirements: Call Listing Agent
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.
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