Property Type:
Commercial Sale
Square Footage:
9,998
Lot Size (sq. ft.):
4,356
Status:
Closed
Current Price:
$1,900,000
List Date:
2/04/2023
Last Modified:
9/02/2024
Description
Located in the heart of the Olympic Village with frontage on Mirror Lake, this 4-story commercial building offers tremendous potential. Recently operated by the FISU World University Games. Boasting a total 9,998 SF with full service elevator, HVAC system, sprinkler system and multiple fire exits, this building is in turn-key condition. The property also offers wonderful lake and mountain views with 43FT of shoreline and dock. An ideal location for commercial and residential offerings with preliminary plans for 7 residences + 1 commercial space. The revitalization of downtown Lake Placid and the Olympic venues positions this property for years of success, an excellent investment opportunity in the busiest place in the Adirondack Park. Priced below assessed value!