List Price: $286,000 | $90 per sq.ft. Commercial
Space type
Date Listed Saturday Nov 2, 2024 | MLS# 5020937
Space type
Date Listed Saturday Nov 2, 2024 | MLS# 5020937
To see this Listing
Address: 8 Wallace Street Rochester NH
Listed by Laurie Richards HomeSmart Success Realty LLC Phone: 978-807-8456
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!
Building Type : Hospitality | Investment | Multi-Family | Opportunity | Other
Sale Includes : Land/Building
Listed by Laurie Richards HomeSmart Success Realty LLC Phone: 978-807-8456
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!
Building Type : Hospitality | Investment | Multi-Family | Opportunity | Other
Sale Includes : Land/Building
Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1880
Wood Frame
Price Per SQ.FT. 89.88 No. of Units: 0
Building Size : 3182
Available SQFT : 2774
Building Type: Hospitality | Investment | Multi-Family | Opportunity | Other
Year Built: 1880
Wood Frame
Price Per SQ.FT. 89.88 No. of Units: 0
Building Size : 3182
Available SQFT : 2774
Building Type: Hospitality | Investment | Multi-Family | Opportunity | Other
ExteriorRoof: Flat | Rolled | Shingle - Asphalt | Slate
InteriorBasement: Crawl Space
Land Information
Lot size: 0.05 acres
Zoned: DTC
Garage And Parking: On-Site | On Street
No. of Docks | 0.
UtilitiesHeating: Hot Water | Natural Gas
Electric: 100 Amp | 200 Amp | Circuit Breaker(s) | On-Site
Utilities: Cable - At Site
AC % | 0.
Additional Information
Easement - Unknown
Taxes $3,565
Assesed Value Not Reported
Easement - Unknown
Taxes $3,565
Assesed Value Not Reported
Schools
