5970-76 Sentinel Road, Lake Placid, NY 12946

$1,200,000
39,099
SqFt
List Price
$1,200,000
Status
ACTIVE
MLS#
164240
Sq. Ft
39,099
Acres
1.49
Year Built
1940
Community
N Elba

Property Description

Calling all smart investors with vision for future development. This rare offering consists of 3 store fronts and 22 studio/1bedroom apartments, a cottage and an additional building parcel approved for 18 more apartments. See conceptual site plan in documents. With a high traffic location and excellent exposure on one of the main corridors to Lake Placid on Rt. 73, the possibilities for commercial/retail/multi-family/residential expansion and growth are many! Apartments are all occupied and rarely is there a vacancy. The Lake Placid free shuttle stops here at the Four Seasons. Bring all offers!

Additional Information

Style
Apartments
Views
Apartment, Aluminum Clad
Body Of Water
None
Exterior Features
None
Fireplace Description
Pool Inground
Heating
Electric Baseboard
Cooling
None
Utilities
Water Connected, Sewer Connected

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Engel & Volkers Lake Placid Real Estate.