2490 Main St
  • 2490 Main St
  • 2490 Lot Overlays
  • 2490 Main St LP Starbucks-6
  • 2490 Main St LP Starbucks-7
  • 2490 Main St LP Starbucks-26
  • 2490 Main St LP Starbucks-32
  • 2490 Main St LP Starbucks-12
  • 2490 Main St LP Starbucks-10
  • Starbucks-50
  • Starbucks-49
  • Starbucks-43
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  • Starbucks-42
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  • 2490 Main St LP Starbucks-34
  • 2490 Main St LP Starbucks-22
  • 2490 Main St LP Starbucks-33
Sale Pending

2490 Main Street , Lake Placid

0.25 ac
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.
Listing courtesy of Engel & Volkers Lake Placid Real Estate

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Property Information

Area: Lake Placid, New York
School District:
Lake Placid
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