Pending
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Lake Placid See all listings
7-13 Wes Valley Road, Lake Placid, NY 12946
$575,000
MLS# 202737
0.3 acres
7,600 sq. ft
Listing Courtesy of: Merrill L. Thomas, Inc.
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Overview
Great income opportunity for a business entity. Mixed commercial storage /warehouse with 4 on-site apartment units all occupied.Two units rent for $700/ mos.,one for $875/mos. and one small unit for $650/mos. 2 of the apartments are located in an adjoining small 2 family residence which is separate from the warehouse. 2 of the apartments are in the the warehouse structure and have air conditioning. There is also a garage structure next to the rear residence which is used for vehicle storage.Warehouse building has 5500 gross sf which includes 2 apts having 875 sf each.The detached 2 family residence to rear has 1500 sf…..there is also a detached garage having about 1500sf. All apartments have been renovated in recent years.The warehouse portion of the property has some 10 individual rental storage spaces which generate a monthly revenue of $500 at the present time although the owner occupies a large portion of the space for his own business use.. The interior is typically sheetrock and is clean and dry space. There is also a garage rental that generates $100 per month.The warehouse structure has a new metal roof and new siding and recent interior painting.
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Details & Amenities
Listing Details
- MLS #: 202737
- Status: Pending
- Date Listed: 08-14-2024
- Sq. Ft: 7,600
- Acreage: 0.3
- Seasonal Property: No
- Listing Agent: Stuart Ruttan, II
- Listing Courtesy of: Merrill L. Thomas, Inc.
Interior Features
- Basement: None
- Heating Type: Electric
- Air-conditioning Type: Wall/Window Unit(s)
Exterior & Lot Features
- Area: None
- County: Essex
- Town: Lake Placid
- Township: N Elba
- School District: Lake Placid
- Views: None
- Lot Features: Irregular Lot, Level, Subdivided
- Lot Size Area: 0.3
- Road Type: Paved
- Sewer: Public Sewer
- Zoning Description: Mixed
Building & Construction
- Tax Map #: 42.221-2-4.000/7.000
- Annual Taxes: $6,409
- Year Built: 1978
- Parking Features: Off Street, On Site
- Exterior Siding: Wood Siding
- Roof Type: Metal
- Foundation Details: Slab
- Electric AMP: 200+ Amp Service
- Water Source: Public
- Features: Apartments, Commercial/Residential, Overhead Door(s)
