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Contact Information
Matt Backus
Backus Real Estate
166 East Main Street
Chateaugay
NY
12920
518-497-7030
Office
Listing Details
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List Price:
$2,600,000
Status:
Pending
MLS Number:
201722
Street Direction Prefix:
Street Direction Suffix:
Street Number:
2490
Street Name:
Main Street
Street Suffix:
Township:
N Elba
Year Built:
1940
Lot Features:
Corner Lot, Paved
Lot Size Acres:
0.25
Lot Size Dimensions:
Accessibility Features:
Accessible Entrance, Accessible Approach with Ramp
Appliances:
Basement:
Partial
Building Area Total:
8999.00
Building Features:
Restaurant/Bar
City:
Lake Placid
Construction Materials:
Stone, Wood Siding
Cooling:
Central Air, Separate Meters
County:
Essex
Directions:
Main Street, Starbucks building
Electric:
200+ Amp Service
Enhanced Accessible:
Yes
Exterior Features:
Fencing:
Flooring:
Combination
Foundation Details:
Slab
Frontage Type:
Commercial
Frontage Type: Frontage Length:
Garage YN:
No
Green Building Verification Type:
Green Energy Efficient:
Green Energy Generation:
Heating:
Baseboard, Oil, Hot Water, Electric
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Heating: Tank Location:
Horse YN:
No
Included:
Fixtures
Interior Features:
Land Tax Annual Amount:
$7,545
Laundry Features:
Open Parking Spaces:
6.00
Open Parking YN:
Yes
Parking Features:
Parking Lot, Public Parking
Parking Features: Covered Spaces:
Parking Total:
6.00
Postal Code:
12946
Property Sub Type:
Business
Property Type:
D
Public Remarks:
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 across two stories. Currently occupied by three tenants, including long-time anchor tenant Starbucks, this property represents a secure and lucrative investment. Situated on the newly revitalized Main Street in the heart of Lake Placid's Village, this property benefits from a $10 million municipal upgrade to infrastructure and public sidewalks, ensuring unparalleled visibility and accessibility. With high vehicle and foot traffic and surrounded by three public parking lots, it is ideally positioned to attract both visitors and locals year-round.The property includes three distinct units: Unit 1 (ground level) spans 1, 786 SF, and Unit 2 (ground level) offers 1, 885 SF, with both ground-floor spaces benefiting from scheduled rental escalations for enhanced income potential. Unit 3, located upstairs, encompasses 4, 400 SF, includes six private parking spaces with public parking access and same-level entry, and features a private outdoor dining area. Some furnishings and equipment are also included in the sale, adding further value to this offering.With New York State's $1 billion investment in Olympic venue and tourism site enhancements, Lake Placid is evolving into a global hub for winter sports while maintaining its status as a premier summer destination. This rare opportunity combines a prime location, secure income streams, and significant growth potential in one of the North Country's most sought-after markets. Don't miss the chance to invest in the heart of Lake Placid's vibrant community and modern transformation.
Road Frontage Type:
State Road, Public
Road Surface Type:
Paved
Roof:
Flat
School District:
Lake Placid
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s), Fire Sprinkler System, Fire Alarm
Sewer:
Public Sewer
State:
NY
Stories Total:
2
Structure Type:
Restaurant/Bar
Subdivision Name:
Tax Annual Amount:
$27,297
Tax Assessed Value:
1946900.00
Utilities:
Sewer Connected, Internet Available, Water Connected
View:
Downtown, Commercial
Water Body Name:
Water Source:
Public
Waterfront Features:
Waterfront Footage:
Waterfront YN:
No
Zoning:
Commercial
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Listing Office Name: Engel & Volkers Lake Placid Real Estate
Listing Office Office #: (518) 523-4404
©2019 by the Adirondack-Champlain Valley Multiple Listing Service, Inc.
©2012 by the Adirondack-Champlain Valley Multiple Listing Service, Inc.
Data Last Updated: 7/11/2025 8:34:00 AM