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2795 Wilmington Road, Lake Placid, NY 12946

$800,000
Property Type: Commercial Sale Square Footage: 8,138 Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $800,000 List Date: 11/06/2018 Last Modified: 9/02/2024

Description

Located at the main intersection of access to Main Street Lake Placid as well as Whiteface Mountain, this property is conveniently located for various development opportunities. Ideal for work-force apartments, boutique hotel, or other commercial options. Structurally sound and in cared for condition, this property includes 11-14 motel rentals, and a lovely 2 bedroom, 2 bath owners home.

More Information MLS# 164365

Location, Tax, and Legal

Tax Annual Amount: 7889.3 Land Tax Annual Amount: 2251.77 Deed Date: 1987-06-16

General Property Information

Tax Assessed Value: 465400 Building Area Total: 8138 Year Built: 1990 Lot Size Acres: 1 Water Body Name: None

Status Change Information

Status Change Timestamp: 2020-12-17 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2020-12-17T15:27:25Z Major Change Type: Status Change Under Contract Date: 2020-09-22 Close Date: 2020-12-17 Close Price: 800000

Appliances

Oil Water Heater: 1

Basement

Full: 1

Construction Materials

2x6 Walls: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 305 Volume: 884

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 3043.95 Village Taxes: 2593.58

Heating

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

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1

Parking Features

Parking Lot: 1

Road Frontage Type

Public: 1

Roof

Composition: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Mountain(s): 1

Tenant Pays

None: 1

Building Features

Kitchen: 1 Swimming Pool: 1

Included

Fixtures: 1 Furniture: 1 Inventory: 1

Showing Requirements

Appointment Only: 1

Contract Information

Current Price: $800,000 Original List Price: 990000 Sold Price: $800,000 Status: Closed Listing Contract Date: 2018-11-06 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2795 Street Name: Wilmington Street Suffix: Road County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.224-1-7.000 Zoning: Mixed Directions: .1 miles past traffic light on the left heading from Lake Placid to Wilmington.

Property Features

Appliances: Oil Water Heater Basement: Full Building Features: Kitchen; Swimming Pool Construction Materials: 2x6 Walls; Wood Siding Cooling: None Documents Available: Deed Electric: 200+ Amp Service Heating: Baseboard; Electric; Hot Water; Oil Included: Fixtures; Furniture; Inventory Listing Terms: Cash; Conventional; Owner May Carry Parking Features: Parking Lot Road Frontage Type: Public Roof: Composition Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Mountain(s) Showing Requirements: Appointment Only
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.