About 115 Lake Street
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.
Features of 115 Lake Street
| MLS® # | 5029130 |
|---|---|
| Price | $899,000 |
| Acres | 0.57 |
| Year Built | 1984 |
| Type | Commercial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
Community Information
| Address | 115 Lake Street |
|---|---|
| Area | Bristol |
| City | Bristol |
| County | Grafton |
| State | NH |
| Zip Code | 03222 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
Additional Information
| Date Listed | February 11th, 2025 |
|---|---|
| Days on Market | 244 |
| Zoning | Village Commercial |
Listing Details
| Agent | Margaret Duba |
|---|---|
| Office | Granite Group Realty Service's |