8 Wallace ST Active

Rochester,NH 03867

$ 286000

- Bed

- Bath

2774 SqFt


Key Details

Property Type Commercial

Sub Type Hospitality,Investment,Multi-Family,Opportunity,Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,774 sqft

Price per Sqft $103

MLS Listing ID 5020937

Year Built 1880

Annual Tax Amount $3,565

Tax Year 2023

Lot Size 2,178 Sqft

Acres 0.05

Property Description

Seller financing available! The seller is motivated to find a buyer. This unique property presents limitless potential for investors and business owners. You can live and operate your business right from home—utilize the lower level for your business and reside on the second or third floors. The second floor features beautiful wood flooring and includes two bathrooms, while the third floor boasts a spacious open-concept space with a bathroom and kitchenette that could be converted into an apartment. Situated in the vibrant heart of downtown Rochester, this property is in an up-and-coming area. It has a partial slate roof, new plumbing, updated electrical systems, and all new electrical wiring and panel for fire alarm system. The lower commercial space has previously served as an ice cream shop, a bakery, an art studio, and was originally a popular local bar. Located in an opportunity zone, this property also provides access to commercial 79E tax incentives. You’ll be within walking distance to shops, restaurants, schools, parks, and more. Buyers are encouraged to conduct their own research regarding zoning and unit conversions. Call for an appointment today! Don’t miss out on this incredible opportunity!

Location

State NH

County Nh-strafford

Area Nh-Strafford

Zoning DTC

Rooms

Basement Crawl Space

Interior

Heating Gas - Natural

Inclusions Land/Building

Exterior

Garage On-Site,On Street

Garage Description On-Site,On Street

Utilities Available Cable - At Site

Roof Type Flat,Rolled,Shingle - Asphalt,Slate

Building

Sewer Public

View More
Favorite Go Tour