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7-13 Wes Valley RoadLake Placid, NY 12946Price: $575,000

  • Price: $575,000
  • 29 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $575,000List Price
  • 0.3Acreage
  • 7,600Square Feet
Listed by Stuart Ruttan,II of Merrill L. Thomas,Inc.

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Great income opportunity for a business entity. Mixed commercial storage /warehouse with 4 on-site apartment units all occupied.Two units rent for $700/ mos.,one for $875/mos. and one small unit for $650/mos. 2 of the apartments are located in an adjoining small 2 family residence which is separate from the warehouse. 2 of the apartments are in the the warehouse structure and have air conditioning. There is also a garage structure next to the rear residence which is used for vehicle storage.Warehouse building has 5500 gross sf which includes 2 apts having 875 sf each.The detached 2 family residence to rear has 1500 sf.....there is also a detached garage having about 1500sf. All apartments have been renovated in recent years.The warehouse portion of the property has some 10 individual rental storage spaces which generate a monthly revenue of $500 at the present time although the owner occupies a large portion of the space for his own business use.. The interior is typically sheetrock and is clean and dry space. There is also a garage rental that generates $100 per month.The warehouse structure has a new metal roof and new siding and recent interior painting.Click to View Virtual Tour

Property Details of 7-13 Wes Valley Road

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 Based on information submitted to NY_ACVMLS as of September 11, 2024 11:52 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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