MLS® ID: 72566033
Fall River, Massachusetts, 02724 $250,000
Oliver Chace's Threadmill (c. 1840) is a solid granite mill building with lots of potential. This building was the original office building for the threadmill, however it has seen multiple uses throughout the years - most recently as a retail business. It is located in the Waterfront Transit-Oriented Development District, which places it in a prime district, in anticipation of the coming commuter railway. There is plenty of room to add parking to this corner lot. Roof is one year old, however building is in need of rehab and is being sold in as-is condition. This property is listed on The U.S. National Register of Historic Places because it is an early example of a granite mill building with a gabled roof. Being on the National Register does not restrict owners from renovating, rehabbing, or removing the building (as long as federal funds are not used), but it does open up doors for potential grants, tax incentives and loans for certain businesses.