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48 Old Barn Road, Lake Placid, NY 12946

$5,375,000
Property Type: Commercial Sale Square Footage: 50,000 Lot Size (sq. ft.): 1,481,040 Status: Closed
Current Price: $5,375,000 List Date: 9/29/2019 Last Modified: 9/02/2024

Description

50,000SF 1970's Multi Purpose Structure originally built as a High Tech Research and Development Center with a thriving work environment. Potential Conversion to an assisted living center or college campus. State of the art building with buried fiber optics, 1200 amp 270/480, public water and sewer, 2 elevators, loading docks, labs, meeting rooms, library and plenty of parking. 34 acres of rolling meadows bordered by mature hardwoods. Zoned Hamlet and Moderate Intensity with impressive views of Whiteface Mountain, Lake Placid Lake, and many of the Southern Range High Peaks. Walking distance to all amenities including a bank, grocery store, drugstore, restaurant, wine shop, trolly stop with service to Main Street, and Urgent Care close by. Rare commercial opportunity in the heart of the Olympic Village.

More Information MLS# 167103

Location, Tax, and Legal

Tax Annual Amount: 39522 Land Tax Annual Amount: 17487.37 Deed Date: 2008-08-14

General Property Information

Tax Assessed Value: 3100000 Building Area Total: 50000 Year Built: 1971 Lot Size Acres: 34

Status Change Information

Status Change Timestamp: 2021-05-07 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2021-05-07T19:59:44Z Major Change Type: Status Change Under Contract Date: 2020-04-03 Close Date: 2021-05-07 Close Price: 5375000

Appliances

Oil Water Heater: 1

Basement

Exterior Entry: 1 Full: 1 Partially Finished: 1 Walk-Out Access: 1

Construction Materials

Masonry: 1 Stone Veneer: 1

Cooling

Central Air: 1

Deed Details

Instrument: deed Page: 115 Volume: 1547

Documents Available

Deed: 1 Leases: 1 Survey: 1

Electric

Other: 1

Financial Details

School Taxes: 22034.64

Heating

Forced Air: 1 Oil: 1

Interior Features

Elevator: 1

Listing Terms

Cash: 1

Lot Features

Borders State Land: 1 Cleared: 1 Many Trees: 1 Private: 1 Views: 1 Wooded: 1

Parking Features

Off Street: 1 Private: 1

Road Frontage Type

State Road: 1

Roof

Metal: 1

Security Features

Fire Alarm: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

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

Tenant Pays

None: 1

Building Features

Freight Elevator: 1

Included

Fixtures: 1

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $5,375,000 Original List Price: 5500000 Sold Price: $5,375,000 Status: Closed Listing Contract Date: 2019-09-29 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 48 Street Name: Old Barn 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: 42.10-1-1.1/1.2 Directions: Old Barn Road across from Whiteface Inn Lane, by Kinney's Drugstore. About 1/4 of a mile, look for Real Estate Sign. Behind Price Chopper.

Property Features

Appliances: Oil Water Heater Basement: Exterior Entry; Full; Partially Finished; Walk-Out Access Building Features: Freight Elevator Construction Materials: Masonry; Stone Veneer Cooling: Central Air Documents Available: Deed; Leases; Survey Electric: Other Heating: Forced Air; Oil Included: Fixtures Interior Features: Elevator Listing Terms: Cash Lot Features: Borders State Land; Cleared; Many Trees; Private; Views; Wooded Parking Features: Off Street; Private Road Frontage Type: State Road Roof: Metal Security Features: Fire Alarm Special Listing Conditions: Standard Tenant Pays: None Utilities: Internet Available; Sewer Connected; Water Connected View: Lake; Meadow; Mountain(s); Water Showing Requirements: Call Listing Agent
Listing Courtesy of The Reynolds Group of Lake Placid, LLC
IDX
Information deemed reliable but not guaranteed.