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5970-76 Sentinel Road, Lake Placid, NY 12946

$1,175,000
Commercial Property MLS# 156283 ID: 38820036
$1,175,000 Get Rates

Commercial, Commercial/Residential,Storefront - Lake Placid, NY
Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio & 1-bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings - see Proposed Conceptual Site Plan/ Docs. Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/resid. expansion and growth are many! Apartments are 100% occupied, current monthly income is approximately $16,000 (as per seller). On Lake Placid free shuttle route, in walking distance to all the main attractions *Owner financing*

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Location Information near 5970-76 Sentinel Road
Offered by Susan Babcock at Engel & Volkers Lake Placid Real Estate

Would you like more information regarding this property?
Please call (518) 523-4404.

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Property Features for 5970-76 Sentinel Road
Status
Market Status
Available
Last Updated
January 11, 2018
Description
Property Type
Commercial Property
Year Built
1940
Approx. Lot Size
1.49 Acres
Sq. Feet
39,099

Building Features

  • Cable/Satellite TV: Cable Ready
  • Heating System: Baseboard
  • Roof: Composition Shingle
  • Heating Fuel: Electric

Exterior Features

  • Exterior Construction: Wood
  • Pool

Listing Features

  • Property Type: Commercial; Commercial

Type of View

  • Mountain View

Data Provided by Adirondack Champlain Valley MLS

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More information about this $1,175,000 Commercial Property at 5970-76 Sentinel Road

This $1,175,000 Commercial Property at 5970-76 Sentinel Road in Lake Placid, NY is offered by Susan Babcock. This $1,175,000 Commercial Property, located in the 12946 zip code, has the following property features: Roof, Pool, Heating Fuel, Cable/Satellite TV. This 5970-76 Sentinel Road Commercial Property, located in Essex County , is listed under MLS listing number 156283 and has a listing price of $1,175,000. You can find more LAKE PLACID homes for sale here.