See Home Value
Lake Placid 12946
7-13 Wesvalley Road
$609,030*
Commercial - Off Market

7-13 Wesvalley Road

Lake Placid, NY 12946
bedrooms
Studio
bathrooms
0 Bath
square feet
5500 Sqft
$423,000 - $515,000
Reference Base Price*
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Great income opportunity for a business entity. Mixed commercial storage /warehouse with 4 on-site apartment units all occupied.Three units rent for $750/ mos. and one small unit for $575/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.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 manager has listed the unit size as 5500 square feet.
Unit Size
5,500Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$85
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jan 3, 2021 No longer available -
No longer available
Aug 26, 2020 Relisted $495,000
Relisted
Aug 26, 2020 Price Decreased $469,000
↓ $26K (5.3%)
Price Decreased
Jun 24, 2020 No longer available -
No longer available
Jan 24, 2020 No longer available -
No longer available
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
3 Beds
2.5 Baths
1,644 ft²
$304/ft²
$499,000 Sep 30, 2022
-
$432/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210205
02/05/2021
Loft
-
5500 ft²
$469,000
bedrooms
Loft
bathrooms
-
square feet
5500 ft²
-
-
-
Stuart Ruttan, II
Merrill L. Thomas, Inc.
20200123
01/23/2020
Loft
-
5500 ft²
$495,000
bedrooms
Loft
bathrooms
-
square feet
5500 ft²
-
-
-
-

Building Info

7 Wesvalley Road 7 Wesvalley Road, Lake Placid, NY 12946
More about this Building
7 Wesvalley Road
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