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Contact Information


Agent Photo for 20230531223354721929000000_0
Matt
Matt Backus
Backus Real Estate
166 East Main Street
Chateaugay NY 12920
518-497-7030 Office
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Listing Details
List Price: $2,400,000
Status: Active
MLS Number: 203872
Street Direction Prefix:  
Street Direction Suffix:  
Street Number: 1970
Street Name: Saranac
Street Suffix: Avenue
Township: N Elba
Year Built: 1980
Lot Features:  
Lot Size Acres: 3.1
Lot Size Dimensions:  
Accessibility Features:  
Appliances:  
Basement: Crawl Space
Building Area Total: 15179.00
Building Features: Apartments, Hotel/Motel
City: Lake Placid
Construction Materials: Frame
Cooling:  
County: Essex
Directions: Directly across the entrance to Whiteface inn road.
Electric:  
Enhanced Accessible:  
Exterior Features:  
Fencing:  
Flooring: Carpet, Simulated Wood
Foundation Details: Stone
Frontage Type:  
Frontage Type: Frontage Length:  
Garage YN: No
Green Building Verification Type:  
Green Energy Efficient:  
Green Energy Generation:  
Heating: Electric
Heating: Tank Location:  
Horse YN:  
Included:  
Interior Features:  
Land Tax Annual Amount: $556
Laundry Features:  
Open Parking Spaces:  
Open Parking YN: Yes
Parking Features: Asphalt, Common
Parking Features: Covered Spaces:  
Parking Total: 60.00
Postal Code: 12946
Property Sub Type: Hotel/Motel
Property Type: D
Public Remarks: Boutique Hotel, Townhomes, Resort or Retreat - the Opportunities are Limitless!This high-profile corner property spans 3.1 acres in a prime Lake Placid location, directly across from the renowned Whiteface Lodge and adjacent to Outpost Plaza and Price Chopper. The property includes an 28-unit apartment building and three standalone cabins, all currently leased, offering immediate income potential while planning future development. With its unmatched mountain views, visibility, significant acreage, and flexible opportunities, this is a rare chance to invest in one of the area's most desirable commercial corridors.
Road Frontage Type: Highway, State Road
Road Surface Type: Asphalt, Paved
Roof:  
School District: Lake Placid
Security Features:  
Sewer: Public Sewer
State: NY
Stories Total: 2
Structure Type: Hotel/Motel
Subdivision Name:  
Tax Annual Amount: $12,116
Tax Assessed Value: 1240700.00
Utilities:  
View: Mountain(s)
Water Body Name:  
Water Source: Public
Waterfront Features:  
Waterfront Footage:  
Waterfront YN: No
Zoning: Commercial
IDX
Listing Office Name: The Reynolds Group of Lake Placid, LLC
Listing Office Office #: (518) 418-7747
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