$875,000
**PRIME COMMERCIAL OPPORTUNITY ON INTERLAKE BOULEVARD! 3,615 SF BUILDING ON 1.6± ACRES WITH EXCEPTIONAL EXPANSION POTENTIAL!** Discover an outstanding opportunity for investors, professional businesses, or owner-users in Lake Placid! This attractive 3,615 SF concrete block commercial building, constructed in 2001, combines distinctive architectural character, versatile interior space, extensive site improvements, and valuable acreage for future development. **DESIGNED FOR FLEXIBILITY!** Configured to accommodate two separate units, the building features dual front and rear entrances, impressive 10' ceilings, 8' solid wood interior doors, French doors, tray ceilings, and a welcoming wrap-around porch with aluminum railings and recessed lighting. A standing-seam metal roof with decorative dormers, transom windows, and fresh exterior paint (2023) enhance its professional appearance. The thoughtfully designed interior offers multiple offices, conference and showroom areas, four ADA-compliant restrooms, a finished break room, and plumbing provisions for a second break room. Existing retail display fixtures, slatwall panels, and a sales counter provide additional flexibility for office, professional service, or showroom operations. **IMPRESSIVE TECHNOLOGY & SECURITY FEATURES!** Multiple voice/data connections in each office, keyless entry, a 13-camera surveillance system, whole-building security, hurricane shutters, and a propane generator currently connected to the computer room. Additional features include three HVAC units, three electric meters, LED lighting upgrades (2021), attic storage, and ceramic tile and carpet flooring. **EXPANSION OPPORTUNITY!** Situated on 1.6± acres encompassing 8 of the 10 lots within the block, the property includes three vacant lots totaling approximately 0.62 acre, plus an additional 62' x 148' lot east of the building. The property was originally planned for THREE ADDITIONAL BUILDINGS, with the original site plan available for review! The entrance off Interlake Boulevard leads to established concrete parking areas, curbing, and asphalt drives. Majestic oak trees, decorative Victorian-style exterior lighting, a lighted entrance sign, and attractive landscaping create an inviting, park-like setting. Site infrastructure includes city water, septic, an irrigation well with updated timer (2023), a retention pond, and approximately 310' of masonry privacy wall along adjoining residential lots. **A RARE COMBINATION OF ESTABLISHED COMMERCIAL SPACE, ATTRACTIVE GROUNDS & FUTURE DEVELOPMENT POTENTIAL!** Ideal for an owner-user seeking room to grow or an investor exploring multi-building commercial development. Buyer to verify zoning, permitted uses, expansion feasibility, utilities, and applicable development approvals.
L4966451
MLS
405 W Interlake Boulevard, Lake Placid