115 Lake Street, Bristol, NH 03222
sale
$899,000
|
Other
Courtesy Of Granite group Realty Services
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.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- MLSID: 5029130
- Rooms: Basement
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