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Adirondack Real Estate

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5825-28 Cascade Road, Lake Placid, NY 12946

$3,150,000
Property Type: Commercial Sale Square Footage: 55,000 Lot Size (sq. ft.): 113,692 Status: Closed
Current Price: $3,150,000 List Date: 7/03/2021 Last Modified: 9/02/2024

Description

This is your chance to shape the entry to the Olympic Village! This property comprises 78 rooms across 2.6 acres on Lake Placid's busiest artery. Family owned, operated, and meticulously maintained for decades, the property features a 3 bedroom, 2 bath home and a 2 bedroom apartment for owners/managers to live on site, as well as both indoor and outdoor pools and a wax room for skiers. Purchase one or both properties together, 5828 Cascade for $2.5M and 5825 Cascade for $875,000.

More Information MLS# 173921

Location, Tax, and Legal

Tax Annual Amount: 38515 Land Tax Annual Amount: 16872 APA: None Deed Date: 1983-08-15

General Property Information

Tax Assessed Value: 2932100 Building Area Total: 55000 Year Built: 1978 Lot Size Acres: 2.61 Water Body Name: None

Status Change Information

Status Change Timestamp: 2022-07-01 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2022-07-01T14:29:41Z Major Change Type: Status Change Under Contract Date: 2021-07-09 Close Date: 2022-07-01 Close Price: 3150000

Appliances

Electric Water Heater: 1

Basement

Finished: 1 Full: 1

Construction Materials

Block: 1 Wood Siding: 1

Cooling

Ductless: 1

Deed Details

Instrument: DEED Page: 246 Volume: 792

Documents Available

Deed: 1 Lead Paint: 1

Electric

Other: 1

Financial Details

School Taxes: 21643 Village Taxes: 0

Heating

Baseboard: 1 Ductless: 1 Electric: 1

Listing Terms

Cash: 1

Lot Features

Paved: 1

Parking Features

Parking Lot: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Tenant Pays

None: 1

Building Features

Break Room: 1 Swimming Pool: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1 Inventory: 1

Showing Requirements

24 Hour Notice: 1 Call Listing Agent: 1

Contract Information

Current Price: $3,150,000 Original List Price: 2999000 Sold Price: $3,150,000 Status: Closed Listing Contract Date: 2021-07-03 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 5825-28 Street Name: Cascade 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: 42.66-8-8.000/42.74-4-11.000 Zoning: Commercial Directions: Cascade Road, both sides. No real estate signs.

Property Features

Appliances: Electric Water Heater Basement: Finished; Full Building Features: Break Room; Swimming Pool Construction Materials: Block; Wood Siding Cooling: Ductless Documents Available: Deed; Lead Paint Electric: Other Heating: Baseboard; Ductless; Electric Included: Equipment; Fixtures; Furniture; Inventory Listing Terms: Cash Lot Features: Paved Parking Features: Parking Lot Road Surface Type: Paved Roof: Metal Special Listing Conditions: Standard Tenant Pays: None Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial Showing Requirements: 24 Hour Notice; Call Listing Agent
Listing Courtesy of Acre Adk
IDX
Information deemed reliable but not guaranteed.
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