A 52,434-square-foot mill complex in Glastonbury dating to 1863 could find new life as upscale apartments following a $1 million sale.
The mill complex at 122 Rear Naubuc Ave., joins several three-story buildings. These are located at different elevations on the 1.4-acre property, creating a complex of seven levels, said Robert Gaucher, a senior associate with O,R&L Commercial.
Gaucher, who brokered the recent sale, said the complex hosts tenants on the bottom two floors, including a woodworking shop, photography studio, small engine repair shop and antique car parts dealer, among others.
The new owners plan to eventually renovate the buildings into upscale apartments, Gaucher said.
Alemo Realty LLC sold 122 Rear Naubuc Ave. to Peekskill, New York-based Nestwell LLC, in a $1 million deal recorded by Glastonbury on July 22.
Alemo’s principals are Michael Napoletano, of Coventry, and Stephen Napoletano, of Manchester.
Nestwell has a Peekskill, New York address, according to the deed. The company is registered in Delaware, with its agent listed as Edwyn Stuart, at an address in Magnolia, Delaware. Attempts to reach a Nestwell representative were not successful.
Gaucher said the mill building needs to be almost completely gutted and renovated, including a new roof and major systems. It has attractive features, including sturdy, 3-inch-deep floors; 12-foot-ceiling heights; and ornately-carved wooden beams, Gaucher said.
“It has some gorgeous beams inside and beautiful brick,” Gaucher said. “It could be stunning.”
The building is just off the commercial center of Glastonbury, with many nearby retail and civic amenities, Gaucher said. It also borders extensive wetlands, which will preserve a scenic, wooded view for future residents, he said.
Glastonbury Town Planner Jonathan Mullen said the property at 122 Rear Naubuc Ave. is among several in town targeted for “adaptive redevelopment.” Mullen said he has had informal discussions with prospective developers over the years but plans never advanced further.
Town assessing records date the building to 1863 but Michael Napoletano said the building dates back to the 1850s. He said it had once hosted the Connecticut Arms and Manufacturing Co., a rifle producer. He believes it was also used for textile and silverware production.
Napoletano, 68, said his uncle bought the building in 1948 and went into the furniture-making business with his two brothers. In the 1960s, Nap Brothers employed 70 on two shifts, Napoletano said.
Today, Nap brothers is just the two brothers and a worker who has been with the company for more than 30 years. It produces high-end, custom furniture, with many orders coming from Fairfield County and Boston.
Michael Napoletano said he plans to retire now the sale is complete but his younger brother might continue serving a few of their best clients.
