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541 Lake Flower Avenue, Saranac Lake, NY 12983

$280,000
Property Type: Commercial Sale Square Footage: 2,304 Lot Size (sq. ft.): 15,246 Status: Closed
Current Price: $280,000 List Date: 1/25/2021 Last Modified: 9/02/2024

Description

541 Lake Flower Ave is the long time home to Adirondack Lake & Trails Outfitters. Long time Saranac Lake residents will also know it as the home of Taylor's Taxidermy. This location features an extremely high daily traffic count for high visibilty as well as easy off street parking. The main building features appx 1500 sq ft of retail space, with an 960 sq ft2 bdr / 1 bath income producing apt on the 2nd floor, accessed via private staircase in the rear. Main electrical service is split into 3 separate meters, each with their own 100 amp service. The building is also served by the Saranac Lake water & sewer system.

More Information MLS# 172584

Location, Tax, and Legal

Tax Annual Amount: 4930 Land Tax Annual Amount: 735 APA: Other Deed Date: 1989-09-21

General Property Information

Tax Assessed Value: 184600 Lot Size Dimensions: 9583 Building Area Total: 2304 Year Built: 1920 Lot Size Acres: 0.35 Water Body Name: None Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2021-06-01 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2021-06-01T19:22:03Z Major Change Type: Status Change Under Contract Date: 2021-03-16 Close Date: 2021-06-01 Close Price: 280000

Appliances

Electric Water Heater: 1

Basement

Exterior Entry: 1 Full: 1

Construction Materials

Frame: 1 Vinyl Siding: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 209 Volume: 951

Electric

100 Amp Service: 1 Other: 1

Financial Details

School Taxes: 1866 Village Taxes: 2329

Foundation Details

Block: 1

Frontage Type

Frontage Length: 56.6

Heating

Tank Location: 1 Hot Water: 1 Oil: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Level: 1

Parking Features

Off Street: 1 Private: 1

Road Surface Type

Dirt: 1

Roof

Composition: 1 Metal: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Income and Expenses

Gross Income: 27000 Lawn Care/Snow Removal Expense: 100 Insurance Expense: 1000 Maintenance Expense: 100 Other Expense: 100 Trash Expense: 100

Tenant Pays

None: 1

Included

None: 1

Unit One

Total SqFt: 1500 Unit Name: ALTO Sho Dimensions: 60' x 25' Lease Rate: 1200

Unit Two

Total SqFt: 960 Unit Name: Apt 1 Lease Rate: 1050

Unit Three

Unit Name: Barn Dimensions: 25' x 30' Warehouse SqFt: 1500

Contract Information

Current Price: $280,000 Original List Price: 299000 Sold Price: $280,000 Status: Closed Listing Contract Date: 2021-01-25 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 541 Street Name: Lake Flower Street Suffix: Avenue County: Essex State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: N Elba School District: Saranac Lake Parcel Number: 32.279-3-2.000 Zoning: Commercial Directions: NYS Rte 86 west to Saranac Lake, building on right immediately after Agency Insurance, directly across from old Pizza Hut

Property Features

Appliances: Electric Water Heater Basement: Exterior Entry; Full Construction Materials: Frame; Vinyl Siding; Wood Siding Cooling: None Electric: 100 Amp Service; Other Foundation Details: Block Heating: Hot Water; Oil Included: None Listing Terms: Cash; Conventional Lot Features: Level Parking Features: Off Street; Private Road Surface Type: Dirt Roof: Composition; Metal Special Listing Conditions: Standard Tenant Pays: None Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com

Information deemed reliable but not guaranteed.