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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Please call (518) 523-4404.
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