$2,600,000
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2490 Main St Unit 2490 Lake Placid, NY 12946
Other
Residence
Beds
Baths
8,999
Sq. Ft.
0.25
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Rare Investment Opportunity on Main Street, Lake Placid NY! Welcome to 2490 Main Street, a landmark multi-unit building offering 8,071 SF of prime commercial space spread across two stories. Currently housing three tenants under NNN leases, including long time anchor tenant Starbucks, this property ...presents a sound investment prospect. Centrally located on the newly refurbished Main Street in the heart of the Village, and benefiting from a recent $10 million reconstruction upgrade to municipal infrastructure and public sidewalks, this signature property enjoys unparalleled visibility with high vehicle and foot traffic. Surrounded by 3 public parking lots, it's conveniently accessible to visitors and locals alike. Investment Highlights: Unit 1 (ground level) - 1,786 SF, has two 5-year extension options remaining, Unit 2 (ground level) - 1,885 SF, boasts a 3-year lease term with two 4-year extension options remaining and is undergoing a renovation for a new opening coming soon. Both ground units benefit from scheduled rental escalations. Unit 3 (upstairs), with 6 private parking spaces as well as public parking access and same level entrance, encompases 4,400 SF, features an outdoor dining area, and offers flexibility on a month-to-month basis. Some furnishings and equipment are included in the sale. With New York's $1 billion recent investment in state-of-the-art Olympic venue and tourism site upgrades, including plans to make the two-time Olympic Village a global sports hub, the North Country is poised to become an even greater premier winter sports destination worldwide and continues to be a prime summer destination. Don't miss this rare opportunity to invest in the heart of Lake Placid's vibrant community and modern transformation.
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MLS#
201722
Property Type
Other
Year Built
1940
Square Feet
8,999
sq. ft
Lot Size
0.25
Sewer
Sewer Connected, Public Sewer
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