855.375.4001
Listing Courtesy of: Colleen Holmes - Engel & Volkers Lake Placid Real Estate
$2,600,000 affordable loan icon Calculate Payment

2490 Main St Unit 2490 Lake Placid, NY 12946

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Other Residence
Beds
Baths
... Bed/Bath
8,999 Sq. Ft.

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Last updated on 1/22/2025 4:50 PM
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 across two stories. Currently occupied by three tenants, including long-time anchor tenant Starbucks, this property represents a secure... and lucrative investment. Situated on the newly revitalized Main Street in the heart of Lake Placid's Village, this property benefits from a $10 million municipal upgrade to infrastructure and public sidewalks, ensuring unparalleled visibility and accessibility. With high vehicle and foot traffic and surrounded by three public parking lots, it is ideally positioned to attract both visitors and locals year-round. The property includes three distinct units: Unit 1 (ground level) spans 1,786 SF, and Unit 2 (ground level) offers 1,885 SF, with both ground-floor spaces benefiting from scheduled rental escalations for enhanced income potential. Unit 3, located upstairs, encompasses 4,400 SF, includes six private parking spaces with public parking access and same-level entry, and features a private outdoor dining area. Some furnishings and equipment are also included in the sale, adding further value to this offering. With New York State's $1 billion investment in Olympic venue and tourism site enhancements, Lake Placid is evolving into a global hub for winter sports while maintaining its status as a premier summer destination. This rare opportunity combines a prime location, secure income streams, and significant growth potential in one of the North Country's most sought-after markets. Don't miss the chance to invest in the heart of Lake Placid's vibrant community and modern transformation. Continue reading
MLS#
201722
Property Type
Other
Year Built
1940
Square Feet
8,999 sq. ft
Lot Size
0.25
Sewer
Sewer Connected, Public Sewer

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Listing Courtesy of: Colleen Holmes - Engel & Volkers Lake Placid Real Estate
Andrea D. Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Based on information from the Adirondack-Champlain Valley MLS as of the date posted below. The information provided by the Adirondack-Champlain Valley MLS is deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2025 Adirondack-Champlain Valley MLS. All Rights Reserved.
This content last refreshed on 1/22/2025 4:50 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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