Commercially zoned residential property ideally suited for hotel/hospitality development.  Parcel includes 3 homes (with units leased for $1,850/mth).  Third residence could be leased.  Passive income while developing.  Adjacent lot available (inquire) for additional road frontage.  Lake Placid is situated in the beautiful Adirondack Mountains on the back side of Whiteface  Ski Mountain.  The ski area is within 15 minutes of Lake Placid and the Olympic center.  Only 5 hours from northern New Jersey, New York City and western Long Island.  A weekend getaway is always possible! To learn more about this community in the Adirondacks, click here (IATAAP is sponsored by ACHR).

Amenities include:  400 amp service, public water, private septic, oil hot water heat, homes built in 1950, 3,500 s/f, agent/co-owner

Offered at $950,000  USD