List Price: $16,900,000 | $81 per sq.ft. Commercial
Space type Historic Building,Industrial,Light Manufacturing,Mill Building,Office Building
Price Change! Reduced by $8,095,000 down 48% on November 13th 2024
Front street and 9 front street subdivision,   on Salmon Falls River Listed Saturday Apr 15, 2023 | MLS# 4948933


Sited on the banks of the Salmon Falls River sits the historic Salmon Falls Mills, originally built in 1865 and 1848. Offering buyers a chance to own a piece of history, these two mill buildings come with an interesting and unique past including being used for manufacturing products used by soldiers in the Civil War, wool manufacturing, and shoe manufacturing. The mill buildings are currently home to over 200 spaces with over 180 small business tenants specializing in a variety of enterprises including art studios, photographers' studios, dance studios, health and wellness businesses, manufacturing facilities, bakers, woodworkers and much more. A pillar of the community around which the town was originally constructed back in the 1800's, the mill buildings have been consistently maintained and regularly updated with modern amenities including high-speed internet, energy-efficient lighting, new interior heating units, Fire Code compliant sprinkler, new electrical systems, plumbing, masonry repointing, new windows, fire escapes and much more. The buildings offer tenants three separate loading docks, two freight service elevators, a passenger elevator in the Lower Mill, over 300 individual parking spaces, flexible lease terms and over 200,000 total square feet between both Mills. The Mills also have an ideal location with easy access to both Portsmouth, NH, the Portsmouth International Airport & The Downeaster. Explore all the possibilities that exist for this unique property.
Building Type : Business

Disability Features : 1st Floor 1/2 Bathroom | 1st Floor 3 Ft. Doors | 1st Floor 3/4 Bathroom | 1st Floor Hrd Surfce Flr | 1st Floor Low-Pile Carpet | 3 Ft. Doors | Access Common Use Areas | Access Parking | Access Restrooms | Accessibility Features | Bathroom w/5 Ft. Diameter | Bathroom w/Step-in Shower | Grab Bars in Bathroom | Handicap Modified | Hard Surface Flooring | Kitchen w/5 Ft. Diameter | Kitchenette w/5 Ft. Diam | Low Pile Carpet | Low Pressure Door Opening | Paved Parking | Zero-Step Entry Ramp

Equipment : CO Detector | Deduct Meter | Dehumidifier | Non-Toxic Pest Control | Smoke Detector | Smoke Detectr-Hard Wired | Sprinkler System | Window AC | Air Conditioner

Misc : Fire System | Elevator - Freight | Elevator - Passenger | Public Restrooms | Smoke/Heat Detectors | Stair Escalator

Sale Includes : Equipment | Inventory | Land/Building

Signage: Adequate
Transport Info: City Street | Paved
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1848
Masonry | Brick Exterior | Stone Exterior | Vinyl Exterior | Wood Exterior
Price Per SQ.FT. 81.43 Eevators 3
No. of Units: 170
Building Size : 207535
Building Type: Business

ExteriorRoof: Flat | Membrane

InteriorBasement: Concrete | Concrete Floor | Daylight | Dirt | Dirt Floor | Finished | Full | Insulated | Partially Finished | Roughed In | Stairs - Exterior | Stairs - Interior | Storage Space | Sump Pump | Unfinished | Walkout | Interior Access | Exterior Access | Stairs - Basement
Sprinkler: Wet.

Land Information

Lot size: 4.15 acres
Zoned: Mill
Surveyed: Yes
SurveyedBy: Multiple
Flood Zone: Yes
Garage And Parking: On-Site | Paved | Unassigned | Visitor
No. of Docks | 3.

UtilitiesHeating: Baseboard | Blowers | Electric | Forced Air | Gas Heater | Gas Heater - Vented | Hot Air | Hot Water | Monitor Type | Multi Zone | Propane
Cooling: Blowers | Central AC | Multi Zone | Wall AC Units
Electric: At Street | Circuit Breaker(s) | On-Site | Net Meter
Utilities: Cable | Gas - LP/Bottle | Multi Phone Lines | T1 Available | Telephone At Site | Telephone Available
AC % | 40.



Docs Available : Aerials | Deed | Other | Plot Plan | Property Disclosure | Results Available | Site Investigations
Easement - Yes
Row For Other Parcel: N
Taxes $71,616
Assesed Value Not Reported
Schools

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