7 Wallace Street
7 Wallace Street photo 2
7 Wallace Street photo 3
7 Wallace Street photo 4
7 Wallace Street photo 5
7 Wallace Street photo 6
7 Wallace Street photo 7
7 Wallace Street photo 8
7 Wallace Street photo 9
7 Wallace Street photo 10
7 Wallace Street photo 11
7 Wallace Street photo 12
7 Wallace Street photo 13
7 Wallace Street photo 14
14 photos

$1,895,000

7 Wallace Street
Rochester, NH 03839
Listed by Deana Arden · NAI Norwood Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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

MLS #
5097099
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
48
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
2.11 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
School Street School
0.29 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
67
Student:teacher ratio
11.2:1
District
Rochester School District
Middle
Rochester Middle School
1.14 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
874
Student:teacher ratio
11.1:1
District
Rochester School District
High
Spaulding High School
0.73 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,326
Student:teacher ratio
12.4:1
District
Rochester School District

Mortgage calculator

Estimate only — actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$11,562/mo
$379,000 down
$1,516,000 loan
Principal & interest$9,833
Property tax (est.)$1,579
Home insurance (est.)$150

Similar homes you might like

Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 08/10/26.