A rare downtown Rochester assemblage totaling 2.11± acres across two contiguous parcels (7 Wallace Street and 9, 10, 12 Hoyt Court). The portfolio includes 5 structures with approximately 10,763 SF of mixed residential, office, and industrial space, generating approximately $132,000 in gross annual income. The combined 2024 assessed value is $1,209,400. Located in the Downtown/Commercial zone with access to municipal water and sewer. Adjacent to City-owned land at 10 Wallace Street (~0.71 ac), creating potential assemblage of ~2.82± acres. Well-suited for continued income-producing use or redevelopment as senior housing, workforce multifamily, or mixed-use. Identified interest from private developers and the City of Rochester.
Listed By
Agency Name: The Norwood Group, Inc.
Agent Name: Andrew Fleisher
Agency Phone: 603-668-7000
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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7 Wallace Street | MLS# 1677527
This commercial property located at 7 Wallace Street, Rochester, NH 03867 is currently listed for sale with an asking price of $1,895,000. Search Rochester real estate on www.masiellogrouprealestate.com today.