Wauregan Mills

51 South Walnut St, Plainfield, CT

$4,000,000

Price

375,491 sqft

Building Size

79.89 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
375,491 sqft
Lot Area
79.89 acres
Year Built
1853
Floors
4
Description

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Wauregan Mills was constructed in a series of periods including 1853, 1859, 1867, with the red building along South Walnut Street added in the 1950’s. The Historic mill has a definite presence that displays a sense of potential. The combined expression of the stone walls and multi-tower elements, wood timber construction, rhythm of windows with cascading light, and miscellaneous details provides dynamic opportunities for a new life in this adaptive re-use project.

The mill complex, the improvements of the subject property, covers 375,491 gr 292,339 net sq ft square feet, most built before the Civil War. The two largest buildings are 50' wide and 500' long, in a three (3) stories configuration with the addition of attics and basements, were built in 1853/1859 and 1867-68. The buildings sit parallel to each other, about 150' apart but are interconnected by a smaller structure. Several smaller structures, including two (2) paved areas

Wauregan is a village located in the northwestern corner of the town of Plainfield, Connecticut in the United States. Originally a mill village, Wauregan was established around a cotton mill powered by the Quinebaug River. Wauregan and West Wauregan, across the Quinebaug in the town of Brooklyn

Phase 3- 440 amp and Phase 4- 660amp ample power throughout property, Each floor and subsequent unit with individual control panels.

11 Acres Wauregan Rd in Brooklyn, CT
41.3 Acres Grove St Plainfield, CT
23.55 Acres South Walnut st, Wauregan, CT

The subject is located on the east and west bank of the Quinebaug River, with the remains of its now ruined dam and large mill pond to the north. The village extends eastward up a gently rising slope towards Route 12, a major north-south highway. Another state highway, Route 205, crosses the Quinebaug between the mill and the dam site and proceeds southeasterly through the village and up the hill to its Junction with Route 12. Access is considered “excellent.” Refer to
The drainage and/or runoff of the site of the subject property is into the Quinebaug River via slops and sways. Drainage is considered “excellent.” Since the flooding of 1955, the Army Corp. of Engineers constructed controlling, and are maintaining, dams that will advert any damaging flooding in the future.

330,000 Sq ft installed last inspected 2014 needs updating

4 Phase and 3 Phase, 600watt multiple panels and disconnects.

Tax info for 51 South Walnut St only. The taxes for excess land at Grove Street, Plainfield is $1,380 and Wauregan Rd, Brooklyn is $1,360. **Note State Historic tax credits available, no town tax credits**

Highlights
  • $13 Million "AS IS" Appraisal
  • +79 Acres
  • Historic Mill, Greek Revival Late Victorian Architectural Style with water rights both banks of river and pond
  • EB5 opportunity
Documents
Location
Gallery