115 Lake St
bristol, NH 03222$899,000
INTERESTED? LET'S CONNECT
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.
Details
0.57 Private Acres Exterior Space
Commercial
Built in 1984
MLS/Listing ID 5029130
Listing Courtesy of RE/MAX INNOVATIVE GRANITE GROUP, MARGARET DUBA - 603-744-3004
Source of Data: PRIMEMLS