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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