271 Main St, Wakefield, NH 03887

Property Description

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.