6137 Sentinel Rd 10,606 SF 100% Leased Retail Building Lake Placid, NY 12946 $995,000 ($93.81/SF)

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.
There are two underground tanks that will be removed and soil tested prior to closing. Additionally, there is extra acreage for sale that is not included in this offering that can be discussed on-site. This current offering would require a lot line revision approval from the Village of Lake Placid.