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Listing 76 out of 100
$1,175,000 For Sale

5970-76 Sentinel Road
Lake Placid, NY 12946

39,099 sq ft,
1.49 acre lot
Commercial: Commercial - MLS# 156283
Property Photo


Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio & 1-bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings - see Proposed Conceptual Site Plan/ Docs. Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/resid. expansion and growth are many! Apartments are 100% occupied, current monthly income is approximately $16, 000 (as per seller). On Lake Placid free shuttle route, in walking distance to all the main attractions *Owner financing*


  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Active
  • Listing Price: $1,175,000
  • County/Area: Essex County
  • Zip Code: 12946
  • Year Built: 1940
  • School District: Lake Placid
  • Sq.Ft.: 39,099 sq ft
  • Basement: Crawl
  • Acres: 1.49 acre lot
  • View: Meadow, Mountains, Residential
  • Zoning: Mixed
  • Additional Tenant Charges: Electricity, Refuse
  • Amenities: Bus-Public, Cable TV, Carbon Monoxide Detector, Swimming Pool
  • Building Style: Commercial/Residential, Storefront
  • Construction: Wood Frame
  • Electric: 200 Amps
  • Exterior: Wood
  • Heating: Electric Baseboard
  • Lot Dimensions: 65165
  • Parking: Off Street, Public
  • Road/Lot Description: Paved, Level, View, View Mountains
  • Roof: Composition Shingle
  • Sale Includes: Fixtures
  • Township: N Elba
  • Water Heater: Electric
  • Water/Sewer/Gas: Public Water, Public Sewer
Courtesy of Engel & Volkers Lake Placid Real Estate, Susan Babcock

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Carl "CJ" Hagmann

Say Rentals
Say Real Estate
19 Church St.
Saranac Lake, NY 12983
Long Term and Vacation Rentals

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Carl "CJ" Hagmann   |   518-524-6363   |   Email Us
Say Rentals   |   Say Real Estate   |   19 Church St., Saranac Lake, NY 12983
Long Term and Vacation Rentals