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33755985
33756008

6 Mill Street, Ashland, NH 03217

JH
NH 077594
Berkshire Hathaway Home Services Verani Realty
PC
NH 085192, MA 9630633
Listed by Berkshire Hathaway Home Services Verani Realty
$650,000
25 days on market
Updated 3 days ago

6 Mill Street Complex, Hydro Plant, Buildings, Investment

Details
Property Type Industrial
Sub Type Flex
Square Footage 50,888
Tenancy Multi
Buildings 8
Acreage 2.116
Zoning Industrial Commercial
Investment Type Redevelopment
Ground Lease No

Industrial | 50,888 SqFt

Marketing description

6 Mill Street presents a rare opportunity to acquire a historic industrial mill complex of approximately 50,888± square feet in downtown Ashland, New Hampshire, where the campus spans the Squam River and is integrated with the historic Packard Dam and hydroelectric power generation and infrastructure. Combining existing rental income, industrial utility capacity, hydroelectric generation potential, and substantial redevelopment upside, presents a unique investment opportunity that is increasingly difficult to replicate under modern development and permitting conditions.

Strategically located approximately one mile from Interstate 93, the property serves as a gateway between New Hampshire's Lakes Region and White Mountains. Seller-provided historical operating information indicates prior hydroelectric generation of approximately 925,351 kWh annually, while the existing building inventory provides opportunities for industrial, warehouse, manufacturing, storage, mixed-use, adaptive reuse, or redevelopment scenarios. Whether pursued as an income-producing asset, owner-user facility, renewable energy investment, or long-term redevelopment project, 6 Mill Street offers multiple paths for future value creation.

Investment highlights

  • Historic multi-building mill complex totaling approximately 50,888± SF
  • Approximately 2.12± acres in downtown Ashland, NH
  • Existing rental income from multiple tenants
  • Dedicated 3,552± SF hydroelectric powerhouse
  • Historic Packard Dam and hydroelectric infrastructure
  • Seller-provided historical hydroelectric power generation of approximately 925,351 kWh annually
  • Historic mill campus with portions of the building spanning the Squam River
  • Integrated dam, river, and hydroelectric infrastructure supporting renewable energy generation
  • Eight-building complex constructed between approximately 1840 and 1986
  • Existing industrial, warehouse, office, and storage space
  • Four truck-height loading docks
  • One drive-in loading bay
  • Freight handling and material movement infrastructure
  • High-load industrial floor design in portions of the complex
  • Sprinkler systems serving portions of the property
  • Industrial electrical infrastructure and on-site power generation capabilities
  • Municipal water and sewer service
  • Existing warehouse, manufacturing, storage, and commercial use potential
  • Significant underutilized space offering value-add opportunities
  • Potential for renovation, modernization, adaptive reuse, redevelopment, or owner occupancy
  • Approximately one mile from Interstate 93 Exit 24
  • Convenient access to the Lakes Region, White Mountains, Concord, and Central New Hampshire
  • Unique river, dam, and hydroelectric setting rarely replicated under current development conditions
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Listing Contacts

JH
NH 077594
Berkshire Hathaway Home Services Verani Realty
PC
NH 085192, MA 9630633
Listed by Berkshire Hathaway Home Services Verani Realty

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Additional Information

Name
Judy Hernandez
License
077594
Brokerage
Judy Hernandez
Brokerage Phone
6039987477
Title
BHHS Verani Commercial Advisor Realtor
Brokerage Address
252 Daniel Webster Highway
Name
Paula Constance
License
085192
Brokerage Phone
6038452500
Brokerage Address
1 Verani Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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