MLS#208212

2276-2284 Saranac Avenue

$2,060,000

0.95 acres

Exceptional Investment Opportunity - Two Commercial Buildings + Cottage - Conveniently located less than a mile from Main Street Lake Placid, this unique offering combines residential and office space, generous on-site parking, multiple buildings, and a variety of tenant amenities. The property offers tremendous flexibility for continued income production, owner occupancy, potential short-term rental use, or a combination of uses. 2276 Saranac Avenue features a 10-unit mixed-use building with eight residential apartments consisting of two studios, four one-bedroom units, and two two-bedroom units, along with two main-level office spaces. A separate one-bedroom, one-bath cottage is located behind the main building. Additional amenities include coin-operated tenant laundry on the lower level, a side garden, and a storage shed. 2284 Saranac Avenue is a four-unit office building with additional lower-level tenant amenities and common areas, including individual storage bins, a kitchen with sink and refrigerator/freezer, conference room, half bath, and additional storage space. The photographs shown are representative of the properties and their many spaces. With numerous apartments, offices, common areas, and ancillary spaces throughout the offering, there is considerably more to see. An in-person tour is encouraged to fully appreciate the scope, versatility, and potential of these properties.

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Listing courtesy of Engel & Volkers Lake Placid Real Estate