Investors Wanted... Please Forward To Serious Investors

By
Services for Real Estate Pros with Jim Green Realty

We need more companies like Chinburg Properties who are not AFRAID to step up and accept the challenge it takes to save what little historical buildings we have left in the United States and turn them not only into a profitable commercial investment space but put more jobs back into our communities. I am very proud of you Chinburg Properties, you’re doing a beautiful thing!

 

If you know of any company or investor who sees the value in restoring one of a kind buildings, that not only give a piece of history another opportunity to flourish but also give a community another opportunity to get back on their feet by providing more jobs, please pass this information  onto them. Thank you.

There's a historical, waterfront building that I am especially passionate about, called the L.W. Packard & Co., located at 6 Mill Street in Ashland, New Hampshire, (on Little Squam River). At one time Packard & Co provided employment to 280 people in the Ashland area (Ashland is geographical the center of the state of New Hampshire).

 

Packard & Co was recognized international in February 1995 when they were selected by Textile World magazine as one of the “Top Ten Textile Plants In The World” (the only woolen mill in the world to be in that group). They produced; 100% wool, 100% cashmere, 100% camel hair, 100% alpaca, 100% angora, mohair, and nylon cloth of many different weights and finishes. 

 

I have always imagined the Packard Mill could be a place similar to the Mill Falls in Meredith, New Hampshire, (but on a smaller scale of course). I think the Packer Mill has good bones and believe it has enough space to provide a little something for everyone, from a restaurant and function hall on the top floor overlooking the river, to offices and shops on the second floor, and maybe even bowling, billiards, roller skating, laser tag, video games etc on the lower level to actually give young adults and children activities in the community to enjoy.

 

This 3,650+ SF, brick Mansard style building is a beautiful example of the few historical works of art we have left in the United States (while Europe has one on every corner). Unfortunately, there is a workshop that was later built onto the back section of the Packard Mill, and in my opinion it's and eye-sore and takes away from the original architectural integrity and therefore should be removed to make the main structure flourish. It may be shine as the diamond in the rough in its current condition but wouldn't it be nice to see this property bring jobs to 200 people once again? There is a large parking lot right across from the Packard Mill just waiting to be filled with customers :)

 

 

Today, John L. Glidden, a third generation family member is the President and he continues the tradition of leading L.W. Packard forward through innovative technology and prudent distribution of assets.

 

The question is, do you think John Glidden would be interested is leading L.W. Packard forwaard in this direction??

Posted by

Bobi Bigelow, The Advertising Angel

Comments (4)

Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

Great post about local businesses who are keen on not only renewing but also maintaining the past.  Thanks!

Feb 04, 2016 06:17 AM
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Bobi Bigelow This building appears so much larger than 3650SF. This really is a exciting opportunity for an investor with a vision. Good luck on helping this landmark blossom!

Feb 04, 2016 10:10 PM
Bobi Bigelow
Jim Green Realty - Fort Myers, FL
Advertising / Marketing Administrator

Thank you very much for following me / my post Joan Dickie. I appreciate your support and positive feedback. I hope to hear more from you in the future.

Feb 05, 2016 12:12 AM
Bobi Bigelow
Jim Green Realty - Fort Myers, FL
Advertising / Marketing Administrator

It is always a pleasure to hear from you Sandy Padula and Norm Padula, thank you for continuing to follow my posts. I believe original building is less than 4000 SF but there have been many additions built on as the company expanded since the 1800s. It was great for for the business over the years but unfortunately it takes away from the original structures beauty and hides some of the water views.

Feb 05, 2016 12:16 AM