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$286,000
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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!
Full Property Details
Full Property Details for 8 Wallace St
General
- Price: $286,000
- Taxes: $3,565 (2023)
- Status: Active
- Type: Commercial Investment
- Source: NNEREN
- MLS ID: 5020937
- Updated: 11/4/2024
- Added to Site: 31 day(s) ago
Parking
- Parking: On-Site, On Street
Location
- County: Strafford
Heating & Cooling
- Heating Type: Hot Water
- Heating Fuel: Gas - Natural
Utilities
- Sewer: Public
Structural Information
- Basement Desc.: Crawlspace
- Roof: Flat, Rolled, Shingle - Asphalt, Slate
- Square Feet: 3,182
- Finished Total: 2,774 Sq. Ft.
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Frontage: No Road Frontage
- Zoning: DTC
Financial Considerations
- Price Per Sq. Ft.: $89.88
- Tax Amount: $3,565
- Tax Year: 2023
Listed by HomeSmart Success Realty LLC, Laurie Richards
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Schools
Schools serving 8 Wallace St
School District:Rochester School District
Rating | Name | Grades | Distance |
---|---|---|---|
13 School St, Rochester, NH 03867 | PK-5 | 0.3 mi | |
47 Brock St, Rochester, NH 03867 | 6-8 | 1.2 mi | |
130 Wakefield St, Rochester, NH 03867 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Wallace St
Date
Details
Price
Change
Source
11/02/2024
Listed
$286,000
508.51%
MLS
1/16/2001
Sold
$47,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Wallace St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,565
2%
$138,500
—
2022
$3,501
3%
$138,500
—
2021
$3,414
-1%
$138,500
—
2019
$3,449
-13%
$138,500
-3%
2018
$3,946
5%
$143,400
—
2017
$3,776
-2%
$143,400
5%
2016
$3,866
—
$136,800
—
2015
$3,851
2%
$136,800
—
2014
$3,758
15%
$136,800
11%
2013
$3,261
—
$123,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 Wallace St
8 Wallace Street, Rochester, NH 03867 (MLS# 5020937) is a Commercial Investment property. 8 Wallace Street is currently listed for $286,000 and was received on November 02, 2024. Want to learn more about 8 Wallace Street? Do you have questions about finding other Commercial Investment real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.