$899,000

115 Lake Street, Bristol, NH 03222

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

This listing courtesy of Margaret Duba, Granite Group Realty Service's

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 Status:
Active
Date Added:
February 11, 2025 at 06:00AM
Listing Office:
Granite Group Realty Service's : 603-744-3004
Listing Agent:
Margaret Duba : 603-744-3004
MLS ID:
5029130
  • Basement: ConcreteFullStorage SpaceInterior Stairs

This listing courtesy of Margaret Duba, Granite Group Realty Service's

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bristol Elementary School

55 School St, Bristol, NH, 03222

Grades KG-5

0.24 miles away

N

Newfound Memorial Middle School

155 N Main St, Bristol, NH, 03222

Grades 7-8

0.06 miles away

N

Newfound Regional High School

150 Newfound Rd, Bristol, NH, 03222

Grades 9-12

3.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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