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5970-76 Sentinel Road, Lake Placid, NY 12946

  • $1,275,000

  • MLS#: 156283

Listing Presented By

Jean Alper
Engel & Volkers Lake Placid Real Estate
(518) 523-4404

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*

  • $1,275,000
  • Commercial
  • MLS#: 156283
  • Square Footage: 39,099
  • Built In: 1940
  • Last Updated: September 21, 2016
  • Posted: May 13, 2016

5970-76 Sentinel Road, Lake Placid, NY 12946 MLS#: 156283

5970-76 Sentinel Road, Lake Placid, NY 12946 is an , Commercial in Lake Placid, New York for $1,275,000 with MLS#: 156283 and offered by Jean Alper of Engel & Volkers Lake Placid Real Estate. To learn more about 5970-76 Sentinel Road, Lake Placid, NY 12946 contact Jean Alper for more information or to request a showing.


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