Price Reduced 7.15%
Listing courtesy of Carolyn Cossette, Assets Realty Group 603-522-9000
Price History
$279,900
3/12/2026
$269,900
3/30/2026
$259,900
4/10/2026
271 Main Street, Wakefield, NH, 03887
14 rooms
6 beds
1 Full / 1 three-quarter / 1 Half baths
1900
Cape
2,400 sqft
Prime mixed-use investment opportunity in the heart of Union Village. This historic two-story New Englander, formerly a general store and retail space, offers outstanding visibility and flexible business/commercial zoning, making it ideal for an investor or contractor seeking a true value-added project. Seller will be re-roofing the main structure, reducing a major upfront expense; however, the property will require significant updating, making it well-suited for renovation and repositioning. The main building features a spacious upper-level apartment, ideal for rental income or owner occupancy, while a separate Cape-style house provides an additional income-producing unit or guest space. Multiple buildings create strong potential for diversified cash flow. With wide redevelopment potential, the property lends itself to a variety of uses including a home business, Airbnb/short-term rental, retail storefront, café, or a revived general store. Set along scenic Drew Mill Pond, the location enhances its appeal for tenants and guests. Conveniently located near the Seacoast, lakes, and the Mount Washington Valley, the area supports steady year-round demand. Offered below assessed value, this is a compelling opportunity to add value and maximize long-term returns.
Status:
Active
Type:
Single-family residential
Zoning:
Business Cmmercial
Frontage:
500
Heating:
Propane, Gas Heater, Hot Water, Radiator, Boiler
Cooling:
None
Basement:
Bulkhead, Dirt, Full, Interior Stairs, Unfinished, Interior Access, Exterior Access, Basement Stairs
Acreage:
0.52
Est. Taxes:
$2,804
Assessment
$322,400
Lot Description:
Corner,Curbing,Pond Frontage,Pond Site,River,River Frontage,Sidewalks,Stream,Water View,Waterfront,In Town
Waterfront:
Yes
School District:
Wakefield
MLS #:
5079126