115 Lake Street Bristol NH Commercial For Sale $899000

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115 Lake Street Bristol NH
Listed by Margaret Duba RE/MAX Innovative Granite Group

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.
Building Type : Investment

Misc : Public Restrooms

Sale Includes : Land/Building | Other

Features:

Signage: Adequate

Income
Net Income| 72000
Gross Income| 72000
Management Expense: $0
Insurance Expense : $0

Propery Information:

Construction Information:
Year Built: 1984
Price Per SQ.FT. 0.00 No. of Units: 0
Building Size : 0
Building Type: Investment

Exterior

InteriorBasement: Concrete | Full | Stairs - Interior | Storage Space

Land Information

Lot size: 0.57 acres
Zoned: Village Commercial
Garage And Parking: Parking Spaces 11 - 20 | Paved
No. of Docks | 0.

UtilitiesUtilities: Cable - Available
AC % | 0.

Additional Information

Taxes $7,570
Assesed Value Not Reported

Schools

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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