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! Current tenant has right of first refusal for all offers.
Listing courtesy of Margaret Duba at RE/MAX Innovative Granite GroupProperty Details
Price:
$899,000
MLS #:
5029130
Status:
Active
Baths:
0
Address:
115 Lake Street
Type:
Commercial
City:
Bristol
Listed Date:
Feb 11, 2025
State:
NH
ZIP:
03222
Lot Size:
24,829 sqft / 0.57 acres (approx)
Schools
Interior
Basement Description
Concrete, Full, Stairs – Interior, Storage Space
Exterior
Parking
Parking Spaces 11 – 20, Paved
Sewer
Public
Utilities
Cable – Available
Financial
Map
Community
- Address115 Lake Street Bristol NH
- CityBristol
- Zip Code03222
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115 Lake Street
Bristol, NH
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