Listing courtesy of Margaret Duba, RE/MAX Innovative Granite Group Phone: 603-744-3004
115 Lake Street, Bristol, NH, 03222
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! Current tenant has right of first refusal for all offers.
Status:
Active
Type:
Commercial
Zoning:
Village Commercial
Parking:
Parking Spaces 11 - 20, Paved
Acreage:
0.57
Est. Taxes:
$7,570
MLS #:
5029130