This developed 0.52± acre parcel is located in quaint (and low-tax!) Union Village of the Town of Wakefield, NH, and has extensive waterfrontage on picturesque Branch River Reservoir/Drew Mill Pond. A corner lot, this property offers 220+ feet of frontage on each of Main Street and Chapel Street and is located across the street from the Heritage Park Railroad Museum & Freight House maintained by the Wakefield Heritage Commission.

The property offers two structures with a total effective area of 3,391± square feet: (1) a 2-unit, 3-story standalone structure; and (2) a 1-unit, 1.5-story standalone house.

2-unit, 3-story structure

The ground floor unit contains a spacious kitchen with two floor-to-ceiling bay windows, 3/4 bathroom, 1+ bedrooms, and walk-in basement with bulkhead. There is an attached enclosed porch to the rear of the unit, as well as a good-sized attached barn on the Chapel Street side of the unit.

The second unit offers a two private entrances via separate staircases and boasts a kitchen, full bathroom, living rooms, and 1+ bedrooms, as well as a walk-up attic with the potential for 2+ bedrooms. The rear windows in the kitchen and attic provide gorgeous water views.

1-unit, 1.5-story house

The 1-unit house offers a ground level with a kitchen, 3/4 bath, living room with bay window, and basement. The second story offers a cozy bedroom and storage area.

Both structures require renovation and repairs, and are served by private well and septic.

The property also contains a well-maintained private cemetery and a secluded wooden deck with beautiful water views.

Property is zoned business and commercial, which allows for a wide variety of commercial, residential, and mixed-use applications. (Click here for more zoning info). 

A remarkable investment opportunity with boundless potential!

Assessed value: $241,500

Notes: Personal property included on site at closing is included in the sale.