115 Lake ST Active Save Request In-Person Tour Request Virtual Tour
Bristol,NH 03222
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5029130
Year Built 1984
Annual Tax Amount $7,570
Tax Year 2023
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Investment
Property Description
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.
Location
State NH
County Nh-grafton
Area Nh-Grafton
Zoning Village Commercial
Rooms
Basement Entrance Interior
Basement Concrete,Full,Stairs - Interior,Storage Space
Interior
Inclusions Land/Building,Other
Exterior
Parking Features Parking Spaces 11 - 20,Paved
Garage Description Parking Spaces 11 - 20,Paved
Utilities Available Cable - Available
Building
Sewer Public