2 Commercial Buildings with Restaurants & Apartments in Lake Placid

$695,000

MLS #: 161288

sq. ft 7,409

Sold

This commercial listing is ideally located on Main Street in Lake Placid, NY. The assessed values, taxes and parcel size noted include both the front Main Street building with the 2 restaurants (Aki Sushi and the Farmhouse) and 3 apartments along with the rear building, Tax ID # 42.207-4-11.000 that has 4 apartments and a parking area. The tenants pay their own electric and this combined property provides an excellent income of $88,200 yearly or $7,350 monthly. Both of the commercial spaces and all apartments are fully occupied and an investor would be able to increase rents on the apartments subject to lease expiration.

Listing Agent: Karina Lombart

Interior Details

Square Feet:: 7,409

Exterior Details

Town: Lake Placid

Apx Acreage: 0.23

County: Essex

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