Commercial Active Under Contract near Lake Placid
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!Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 3000
- Year Built: 1967
- Location: Lake Placid
- Acres: 134.090
- County: Highlands County
- Heat/AC: Central, Electric (Heating)
- Siding: Concrete Block
- Roof:
- Stories: 1
- Property Taxes: $10,116
- MLS #: 300855
Location
| Click on map to activate | |
|
|
| (Open in Google Maps) (Bing Map) (Mapquest Map) |
Contact Information:
|
||
|
Listing Agent: Mary C. Birge, Advantage Realty, 863-441-2094, 863-386-0303 Listing Site, Listing Status: Active Under Contract
Copyright © 2026 Heartland Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
|
||
Ad Statistics:
| Ad Number : | 7651534 |
| Viewed: | 10 times |
| Added: | Jul 13, 2026 |
| Updated on: | Jul 13, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
