7 Wallace Street, Rochester, NH 03839
Hoyt | Wallace Portfolio · Strafford County
Key Facts
Presented by: Deana Arden
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 Information
Property Type
Commercial Sale
Lot Size
2.11 acres
Zoning
DT
Days on Market
11
MLS® Listing#
5097099
Property Features
Basement
Parking
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$18,504
Tax year 2025
Directions
From the Spaulding Turnpike (NH-16), take Exit 13 for Route 202/202A toward Downtown Rochester. Follow South Main Street into downtown, then turn onto Wallace Street. The property is on the left.
Affordability Calculator
$379,000
Estimated monthly payment
$10,086/mo
Principal $1,516,000 · Est. interest $2,114,955 over 30 yrs
Location
Points of Interest in Rochester, NH
Showing the Rochester area map.
Nearby Schools
Lighthouse Christian Academy
School · 0.1 mi away
School Street School
Elementary · 0.3 mi away
William Allen School
Elementary · 0.3 mi away
Maple Street Magnet School
Elementary · 0.6 mi away
Chamberlain Street School
Elementary · 0.6 mi away
Spaulding High School
Secondary · 0.7 mi away
Rochester School District
School · 0.8 mi away
Bud Carlson Academy
School · 0.9 mi away
Rochester Middle School
Secondary · 1.0 mi away
McClelland School
Elementary · 1.1 mi away
Monarch School of New England
School · 1.2 mi away
Equestrian Academy Charter School
School · 1.7 mi away
East Rochester School
Elementary · 2.2 mi away
CTSC
School · 2.3 mi away
Nancy Loud School
School · 2.7 mi away
Tri-City Christian Academy
School · 5.0 mi away
Maple Wood Elementary School
Elementary · 5.9 mi away
Hilltop School
School · 6.0 mi away
Somersworth High School
Secondary · 6.1 mi away
Somersworth Middle School
Secondary · 6.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 24 Signal Street, Rochester, NH | $1,690,000 | — | — | 23,478 |
| 7 Wallace Street, Rochester, NH | $1,895,000 | 8 | 4 | 10,763 |
| 68 SOUTH MAIN Street, Rochester, NH | $2,300,000 | — | — | 10,148 |
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