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Investment Highlights

  • Walking distance to downtown Union and quick drive to Route 16 and Route 153
  • Flexible zoning allows for a variety of commercial, residential, and mixed-use applications
  • Extensive waterfrontage on Branch River Reservoir

Executive Summary

NOTES
Sale price reflects assessed value. Property will be sold on site at live public auction at 11 AM on Sat., Sept. 19, 2026.
DESCRIPTION
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.
A remarkable investment opportunity with boundless potential!
Note: Personal property included on site at closing is included in the sale.
AUCTION INFO
*Buyer’s premium: 10%
*Property sold “AS IS, WHERE IS, WITH ALL FAULTS”
*Listing is for informational purposes only
*Bidders must make own conclusions about the property
*$5,000 refundable deposit required to bid
*Additional 10% of high bid required for high bidder
*Seller may reject any and all bids
*Pre-auction offers considered
*Visit the NH Tax Deed & Property Auctions website (NHTaxDeedAuctions.com) for more info.
Wes Sager, Auctioneer (NH #6224)

Property Facts

Price $334,139 CAD
Price Per Unit $111,380 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.52 AC
Building Size 6,196 SF
No. Stories 3
Year Built 1850
Parking Ratio 0.65/1,000 SF
Zoning Business and commercial - See zoning ordinance here: https://www.wakefieldnh.gov/sites/g/files/vyhlif1366/f/uploads/wakefield_zoning_ordinance_march_2026.pdf

Amenities

Unit Amenities

  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Bay Window
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Views
  • Yard
  • Attic
  • Breakfast Nook
  • Deck
  • Den
  • Dining Room
  • Family Room
  • Garden
  • Lawn
  • Linen Closet
  • Office
  • Pantry
  • Porch
  • Workshop

Site Amenities

  • Picnic Area
  • Waterfront
  • Pet Play Area
  • Vintage Building
  • Storage Space
  • Multi Use Room
  • Pond
  • Sundeck
  • Private Bathroom
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 - 2,850
2+1 1 - 1,950
1+1 1 - 1,400
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
  • Listing ID: 41886354

  • Date on Market: 2026-08-26

  • Last Updated:

  • Address: 271 Main St, Union, NH 03887

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