Windsor Mill sale closed at $5.76M
![](https://bizwest.com/wp-content/uploads/2022/04/IMG_20191002_133250-scaled.jpg.optimal.jpg)
WINDSOR — The Windsor Mill property, which BizWest reported Feb. 28 was soon to be sold, has closed in a transaction to Nothin Fncy LLC for $5.76 million.
The mill is located at 301 and 321 Main St. in Windsor.
The property was owned by Blue Ocean Enterprises, which needed a signoff from the town of Windsor and the Windsor Downtown Alliance because of a facade agreement that helped to finance construction of the mill through incremental property tax revenues that were shared with Blue Ocean.
SPONSORED CONTENT
22nd Annual Vintage Affair: A Community Gathering to Support Pathways
The 22nd Annual A Vintage Affair event, presented by Wilbur’s Total Beverage, benefits Pathways’ mission of providing expert medical and comfort care for individuals navigating the last months of life.
Blue Ocean told the town that it planned to retain the annual facade payments — up to a total over the course of the agreement of $1.3 million — but obligations under the facade agreement would transfer to Nothin Fncy. Obligations would include maintenance and repairs of the facade.
Waypoint Real Estate LLC based in Fort Collins brokered the transaction on behalf of the buyer and will oversee the property’s management to ensure a smooth transition. Pete Kelly of commercial brokerage CBRE represented the seller.
The historic property is home to tenants that include Windsor Mill Tavern, Windsor Mill Event Venue, Gourmet Grub, Peculiar Ales, DL Designs, and LindseyLew Photography.
The Windsor Mill property on Windsor's Main Street has closed for $5.76 million.
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!