About 3603 Placid Lakes Boulevard
Former 18 Hole Golf Course with Restaurant, Golf Shop & Maintenance Facility all on 139+-Acres priced at Only $13,310 per acre for Fast Sale /Offering Tremendous Upside Potential! Open it all back up or explore many alternative potential uses. All Subject to Approvals of course. The restaurant with liquor license is leased. Past income of this business produced was 8% Cap Rate 2021 & 9% Cap Rate 2022. This course is the Only Golf Course in Lake Placid. Allocation of values: Restaurant, $400,000(4+-acres) then 134+-acres @ $10,486 per acre(w/valuable wells,pumps/barn), 3 residential lots($45k) Do Not Disturb restaurant tenant! Sale is confidential and buyer Must sign confidentiality agreement before showings & getting detail package of information!
Features of 3603 Placid Lakes Boulevard
| MLS® # | L4949447 |
|---|---|
| Price | $1,850,000 |
| Square Footage | 3,000 |
| Acres | 134.09 |
| Year Built | 1967 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Pending |
Listing Details
| Office | ADVANTAGE REALTY 1 |
|---|
Listing Map
Neighborhood Information for 3603 Placid Lakes Boulevard
Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Lake Placid Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
3 Miles | |
|
Lake Placid Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
3 Miles | |
|
|
Lake Placid High School Public - 9Th Grade to 12Th Grade - Closest High School |
3 Miles | |
|
Lake Placid Montessori Academy Private - to |
4 Miles | |
|
|
Lakeview Christian School Private - Preschool to 5Th Grade |
4 Miles | |
|
|
Lake Country Elementary School Public - Preschool to 5Th Grade |
5 Miles |
School data provided by GreatSchools