Lake Apartment Off Market

An Excellent investment opportunity with built-in income and a spectacular location at the gateway to Lake Placid. Located at the busy intersection of Sentinel and Station Street, this building currently houses a restaurant and butcher shop on the first floor. The second story has three residential rental units: two 1 bedroom apartments w/ 1 bathroom and one 2 bedroom 2 bathrooms with tenants and income in place. These current owners have done extensive upgrades to the rental units and the commercial space. The 2000 square foot commercial space on the lower level comes fully equipped and furnished for any restaurant operation. There is a chefs kitchen and three walk in coolers for a full professional kitchen. Also included is the 1100 square feet of bar and dining area furnished. Seller would also be willing to remove furnishings if not desired. Convenient 5 off-street parking spaces and ample municipal parking at the curb.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 4000
  • Year Built: 1955
  • Location: Chubb River Lake
  • Acres: 0.200
  • Lakeview: Yes
  • ViewTypes: River
  • County: Essex County
  • Heat/AC: Baseboard
  • Siding: Wood Siding
  • Roof: Asphalt
  • Property Taxes: $6,089
  • MLS #: 173945

Location

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Ad Statistics:

Lake Apartment Off Market in Lake Placid, New York
Ad Number : 1727641
Viewed: 166 times
Added: Jul 07, 2021
Updated on: Jan 21, 2022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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