property image
property image
property image
property image
engel & völkers shop

Get personal advice

Engel & Völkers

5185234404

AM-5037422 – This is the Engel & Völkers property ID, your agent might ask for it.

Colleen Holmes

Engel & Völkers Lake Placid

Engel & Völkers ID : AM-5037422
Lake Placid, New York, United States

Price
$2,600,000

Plot surface1,012 m²

Amenities and special features of this Commercial Space

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.
Property typeCommercial Space

Plot surface

1,012 m²

Get personal advice

engel & völkers shop image
Engel & Völkers

2297 Saranac Avenue, 12946, Lake Placid

5185234404

Engel & Völkers

2297 Saranac Avenue, Lake Placid, 12946

AM-5037422 – This is the Engel & Völkers property ID.
Colleen Holmes
Engel & Völkers Lake Placid