257 Wallace Road presents a unique residential or commercial development opportunity in one of Bedford, New Hampshire’s most visible and strategically positioned commercial corridors. The ±16.2-acre parcel is located at the signalized intersection of Wallace Road and Route 101, providing outstanding regional access, visibility, and frontage along one of Southern New Hampshire’s primary transportation routes. Situated within the Highway Commercial zoning district, the property offers potential for a variety of mixed-use residential and commercial uses including retail, hospitality, office, service-oriented development, and other permitted commercial applications, subject to local approvals. The site is proximate to municipal water infrastructure. The property is impacted by wetlands and a land conservation easement, creating a distinctive natural setting while requiring thoughtful site planning and design considerations. Despite these environmental constraints, the parcel offers substantial frontage and strong exposure at a high-traffic intersection serving commuters, residents, and regional travelers. Its location within Bedford’s established commercial corridor places the property near national retailers, professional office developments, and major transportation connections, positioning the site as a compelling long-term investment and development opportunity.