The town of Windsor Locks is looking for bidders for a recently foreclosed property that was the former home of the Montgomery Mill Complex.
The property, at 25 Canal Benk Rd, was recently foreclosed by the town and includes 3.38 acres with two buildings and a detached parking garage.
A public auction for the property will be held Sept. 10 at 12 p.m. on the premises.
Economic Development Director Patrick McMahon said the property will require significant investment from the prospective developer because it has experienced multiple fires in recent years.
The property, which is located near downtown, had an assessed value of $900,000 in 2010.
McMahon said the town is interested in commercial developments as well as potential multifamily housing proposals.
Canal Benk Realty lost the property through the foreclosure action.
Imagine if this was filled with shops like the ones in North Hampton? This town has so much potential. But not with the Main Street apartments, and no one wanting to invest.
ReplyDeleteWe need a grant to knock that eyesore down, clean up the site,put some nice businesses there such as restaurants, coffee shops, clothing stores, etc.
ReplyDeleteBuild a small park where people can bring thier children and sit and watch the river.
Also, need an engineer to find a way to save the old train station, and put it to use. You have to admit, coming over the bridge from E.Windsor and looking at this building is pretty depressing.