Listed by Margaret Duba with RE/MAX Innovative Granite Group 603-744-3004

Active

115 Lake Street

Bristol NH, 03222

$899,000


Active

Commercial

Built in 1984

Prime Investment Opportunity in Bristol's Growing Lake Community Seize the chance to own a commercial building and .57-acre lot in a high-visibility location with strong traffic counts. This property is currently leased to a thriving, long-standing commercial tenant, a mainstay of the community, on a 4-year lease. It also features an ample paved parking lot for convenience and accessibility. With the tenant covering all taxes, insurance, and utilities, this is a hands-off investment offering an 8% return, making it an ideal choice for a 1031 tax exchange. Investors can enjoy immediate passive income, while those looking to start their own business have four years to prepare in this up-and-coming lake community. A full basement provides additional space for storage, office use, or walk-in access, adding even more value to this investment. Don't miss out on this turnkey investment in a thriving location!

5029130

MLS ID

February 11, 2025

Listed

March 11, 2025

Updated

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.57 Acres


Sewer

Public

Other Property Details

Area Name

NH-Grafton


Taxes

$7,570


Tax Frequency

Annually


Days on Market

3


Garage

No


Parking

Parking Spaces 11 - 20, Paved


View

No

Listed by Margaret Duba with RE/MAX Innovative Granite Group 603-744-3004

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