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2488 Main Street, Lake Placid, NY 12946

$386,250
Property Type: Commercial Sale Square Footage: 800 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $386,250 List Date: 10/18/2019 Last Modified: 9/02/2024

Description

Main Street location ideal for owner user at an affordable price..Presently operated as a small restaurant with interior and outside seating.Located adjoining Village parking lot.Busy location with great exposure. Current tenant has a month to month lease and is willing to stay. Ideal for restaurant or retail uses.

More Information MLS# 167261

Location, Tax, and Legal

Tax Annual Amount: 8236 Land Tax Annual Amount: 2204 APA: Hamlet Deed Date: 2011-12-28

General Property Information

Tax Assessed Value: 457000 Lot Size Dimensions: 26 x 72 Building Area Total: 800 Year Built: 1940 Lot Size Acres: 0.04

Status Change Information

Status Change Timestamp: 2021-05-13 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2021-05-13T19:25:20Z Major Change Type: Status Change Under Contract Date: 2021-04-14 Close Date: 2021-05-13 Close Price: 386250

Appliances

Electric Water Heater: 1

Basement

Crawl Space: 1

Construction Materials

Log: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Warranty Page: 23 Volume: 1688

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 3248 Village Taxes: 2784

Frontage Type

Frontage Length: 26

Heating

Baseboard: 1 Electric: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Corner Lot: 1

Parking Features

Public Parking: 1

Road Frontage Type

Public: 1

Roof

Composition: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Income and Expenses

Gross Income: 34200

Tenant Pays

Electricity: 1

Building Features

Kitchen: 1

Included

None: 1

Contract Information

Current Price: $386,250 Original List Price: 525000 Sold Price: $386,250 Status: Closed Listing Contract Date: 2019-10-18 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2488 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: 42.174-3-9.000 Zoning: Commercial Directions: Main Street Lake Placid next door to Starbucks.

Property Features

Appliances: Electric Water Heater Basement: Crawl Space Building Features: Kitchen Construction Materials: Log; Wood Siding Cooling: None Documents Available: Deed Electric: 200+ Amp Service Heating: Baseboard; Electric Included: None Listing Terms: Cash; Conventional Lot Features: Corner Lot Parking Features: Public Parking Road Frontage Type: Public Roof: Composition Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.