7 Wallace Street, Rochester, NH
Commercial Sale
Listed by NAI Norwood Group · Deana Arden
Property Description
Downtown Rochester Income-Producing Redevelopment Assemblage (6 structures: 2 commercial units, 3 residential buildings, & 1 Outbuilding- Barn) Rare downtown Rochester investment opportunity featuring a 2.11± acre assemblage with five income-producing buildings totaling approximately 10,763± SF of mixed residential, office, warehouse, and industrial/flex space. Strategically located within Rochester’s Downtown/Commercial district, the portfolio offers a strong in-place income stream combined with long-term redevelopment and value-add potential. The property benefits from existing occupancy, flexible building configurations, off-street parking, municipal water and sewer, and a large-scale footprint rarely available in the downtown market. Investors have the opportunity to capitalize on immediate cash flow while exploring future redevelopment, adaptive reuse, multifamily conversion, mixed-use repositioning, or long-term hold strategies. A compelling opportunity for investors, developers, and owner-users seeking stable income, flexibility, and future upside in one of Rochester’s evolving redevelopment corridors.
Property Details
Essentials & finishes
- Property Type:Commercial Sale
- County:NH-Strafford
- Town:Rochester, NH
- Status:Active
- Days on Market:18
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $32,215 |
| 2023 | $31,410 |
| 2022 | $30,604 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Rochester93
- Average list price$353,542
- Price range$135,000 – $610,000
- Market sentimentBuyer's Market
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- Principal & Interest$9,582
- Property Tax$2,685
- Home Insurance$395
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 93 active · 0 sold in Rochester (last 90 days)
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