ENGLISH
FRENCH
See all 13 photos
13 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$995,000
Est. payment /mo
10,606 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,606 sqft
Price per Sqft $93
MLS Listing ID 207336
Year Built 1955
Annual Tax Amount $8,649
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Mixed Use
Source Adirondack-Champlain Valley MLS
Property Description
Positioned at one of the most visible and intriguing redevelopment locations in the heart of Lake Placid, this property offers a rare opportunity to reimagine an entire corner of the village alongside the iconic Mill Pond Dam. Overlooking Mill Pond and the adjacent park, the setting combines natural beauty with a highly walkable downtown location that is increasingly difficult to replicate.
With proximity to the Adirondack Rail Trail, the Lake Placid Club, Main Street, Mirror Lake, restaurants, shops, and year round recreation, the location naturally lends itself to a dynamic mixed use vision. While the existing structure is likely best suited for removal, the site itself is primed for revitalization and future development potential.
Conceptually, the property could support an exciting blend of commercial storefronts, retail boutiques, cafés or restaurant space, professional offices, and upper level apartments or condominiums that may capture views of Mill Pond, the surrounding mountains, and the village itself. Strong visibility, accessibility, and walkability only further enhance the long term appeal.
With proximity to the Adirondack Rail Trail, the Lake Placid Club, Main Street, Mirror Lake, restaurants, shops, and year round recreation, the location naturally lends itself to a dynamic mixed use vision. While the existing structure is likely best suited for removal, the site itself is primed for revitalization and future development potential.
Conceptually, the property could support an exciting blend of commercial storefronts, retail boutiques, cafés or restaurant space, professional offices, and upper level apartments or condominiums that may capture views of Mill Pond, the surrounding mountains, and the village itself. Strong visibility, accessibility, and walkability only further enhance the long term appeal.
Location
State NY
County Essex
Zoning Mixed
Direction Located at the bottom of Mill Hill, the former IGA Grocery Store
Schools
School District Lake Placid
Others
Senior Community No
Read Less Info
Listed by Kelly Locke • Merrill L. Thomas, Inc.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION