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Listed by Laurie Richards • HomeSmart Success Realty LLC • Phone: 978-807-8456
$ 286,000
Est. payment /mo
Active
8 Wallace ST Rochester, NH 03867
2,774 SqFt
UPDATED:
11/15/2024 06:55 PM
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