7 Wallace Street & 9, 10, 12 Hoyt Court

Multi-Family

7 Wallace St, Rochester, NH 03867

7 Wallace Street & 9, 10, 12 Hoyt Court
Multi-Family For Sale
Asking
$1,895,000
Available
91,911.6 SF
Listing Details
Type
Sale
Status
Active
Asking Price
$1,895,000
Cap Rate
5.96%
List Date
May 12, 2026
Days on Market
49
Sale Investment
YES
Sale NOI
$112,952
Sale Total Expenses
$19,048
Sale Gross Income
$132,000
Tax Amount
$19,048
Tax Year
2024
Showing Instructions
Call Broker
Last Verified
Jun 27, 2026

Downtown Rochester Income-Producing Redevelopment Assemblage

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.

Space Details

Available SF
91,911.6 SF
Primary Use
Multi-family
Postal Address
7 Wallace Street & 9, 10, 12 Hoyt Court
Property Highlights
Type
Multi-Family
Subtype
Mixed use
Building Class
Class C
Size
10,763 SF
Acreage
2.11 Acres
Occupancy Type
Multi Tenant
Year Built
1776
Floors
1
Zoning
DTC
County
Strafford
Submarket
Apt,PM,0
Contact
DA
Deana ArdenPrimary
NAI Norwood Group
JG
Jessie Gilton
NAI Norwood Group
Location