What is the asking price for 7 Wallace St?

The lease rate for space here is $1,895,000.

What is the total size of 7 Wallace St?

The property has a total square footage of 10,763 SF.

How many parking spaces are available at 7 Wallace St?

Parking information for the property isn't currently listed. However, other nearby parking options include South Main Parking, located 0.20 miles away , and North Main Parking, which is 0.40 miles away.

7 Wallace St, Rochester, NH 03867

For Sale $1,895,000
Property Type Multi-Family
Property Size 10,763 SF
Units 3
Lot Size 2.11 Acre
Cap Rate % 5.96
NOI / YR $112,952.00
Date Updated Nov 11, 2026

Description

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.