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$899,000 Just Listed
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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!
Full Property Details
Full Property Details for 115 Lake St
General
- Price: $899,000
- Taxes: $7,570 (2023)
- Status: Active
- Type: Commercial Investment
- Source: NNEREN
- MLS ID: 5029130
- Updated: 2/11/2025
- Added to Site: Today
Parking
- Parking: Parking Spaces 11 - 20, Paved
Location
- County: Grafton
- Driving Directions: I 93 to exit 23 toward Newfound Lake. Follow road to Lake St. Property on the left after traffic light.
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Concrete, Full, Stairs - Interior, Storage Space
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.57
- Lot Size (Sq. Ft.): 24,829
- Frontage: Yes Road Frontage
- Zoning: Village Commercial
Financial Considerations
- Tax Amount: $7,570
- Tax Year: 2023
Timeshare
- Fractional Own: Adequate
Listed by RE/MAX Innovative Granite Group, Margaret Duba
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Schools
Schools serving 115 Lake St
School District:Newfound Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
55 School St, Bristol, NH 03222 | PK-5 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Lake St
Date
Details
Price
Change
Source
2/11/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,034
8%
$309,200
—
2022
$6,490
4%
$309,200
—
2021
$6,249
-2%
$309,200
—
2020
$6,397
-9%
$309,200
—
2019
$7,045
5%
$309,000
—
2018
$6,736
-1%
$309,000
—
2017
$6,838
7%
$309,000
—
2016
$6,372
3%
$309,000
—
2015
$6,214
—
$308,700
—
2014
$6,214
—
$308,700
—
2013
$6,230
—
$308,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 Lake St
115 Lake Street, Bristol, NH 03222 (MLS# 5029130) is a Commercial Investment property. 115 Lake Street is currently listed for $899,000 and was received on February 11, 2025. Want to learn more about 115 Lake Street? Do you have questions about finding other Commercial Investment real estate for sale in Bristol? You can browse all Bristol real estate or contact a Coldwell Banker agent to request more information.