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Adirondack Real Estate

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2647 Main Street Lake Placid, Lake Placid, NY 12946

$360,000
Property Type: Commercial Sale Square Footage: 3,330 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $360,000 List Date: 9/12/2011 Last Modified: 9/02/2024

Description

Prime commercial location directly opposite the Olympic Center and Olympic Speed Skating Oval located directly on Main Street in Lake Placid. Leased retail store front with 1,120 sq. ft. of space. on the main floor. There is a one bedroom 2nd level apartment in the rear of the building with off street parking and yard area. A large studio apartment is located in the rear on the main floor. Storefront is available to a new owner with 60 days notice to current tenant after purchase. Potential for retail, restaurant, vacation rentals or professional offices. Price just reduced!

More Information MLS# 140989

Location, Tax, and Legal

Tax Annual Amount: 7964.09 Land Tax Annual Amount: 1833.46 Deed Date: 1958-01-01

General Property Information

Tax Assessed Value: 488300 Lot Size Dimensions: 58x110 Building Area Total: 3330 Year Built: 1945 Parking Total: 6 Lot Size Acres: 0.1 Water Body Name: None

Status Change Information

Status Change Timestamp: 2021-01-27 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2021-01-27T14:10:57Z Major Change Type: Status Change Under Contract Date: 2020-12-28 Close Date: 2021-01-27 Close Price: 360000

Appliances

Electric Water Heater: 1

Basement

Partial: 1

Construction Materials

Frame: 1 Wood Siding: 1

Cooling

Central Air: 1

Deed Details

Instrument: deed Page: 119 Volume: 252

Electric

100 Amp Service: 1

Financial Details

School Taxes: 3409.44 Village Taxes: 2721.19

Frontage Type

Frontage Length: 58 ft

Heating

Tank Location: 1 Baseboard: 1 Electric: 1 Hot Water: 1 Oil: 1

Listing Terms

Cash: 1

Lot Features

Paved: 1

Parking Features

Off Street: 1 Public Parking: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1 Mountain(s): 1

Income and Expenses

Gross Income: 0 Lawn Care/Snow Removal Expense: 0 Insurance Expense: 3000

Tenant Pays

None: 1

Building Features

Kitchen: 1

Included

None: 1

Unit One

Total SqFt: 705 Unit Name: Apt. Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Two

Total SqFt: 1420 Unit Name: Retail Lease Rate: 1200 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Three

Total SqFt: 775 Unit Name: Apt. Lease Rate: 450 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Contract Information

Current Price: $360,000 Original List Price: 625000 Sold Price: $360,000 Status: Closed Listing Contract Date: 2011-09-12 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2647 Street Name: Main Street Lake Placid 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.OGL-2-13 Zoning: Commercial Directions: Located on Main Street opposite the Olympic Center.

Property Features

Appliances: Electric Water Heater Basement: Partial Building Features: Kitchen Construction Materials: Frame; Wood Siding Cooling: Central Air Electric: 100 Amp Service Heating: Baseboard; Electric; Hot Water; Oil Included: None Listing Terms: Cash Lot Features: Paved Parking Features: Off Street; Public Parking Road Frontage Type: Public Road Surface Type: Paved Roof: Composition Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Commercial; Mountain(s)
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.
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