22 Main St 2,026 SF Industrial Building Ashland, NH 03217 $350,000 ($172.75/SF)

Unique opportunity to acquire a green energy hydroelectric generation plant located on the Squam River in downtown Ashland, New Hampshire. The property includes an existing dam, powerhouse structure, hydroelectric generation infrastructure, and approximately 0.63± acres spanning both sides of the river. The hydro plant is documented as a qualifying small power production facility under the Public Utility Regulatory Policies Act (PURPA) and has a New Hampshire Public Utilities Commission Class IV renewable energy certificate (REC) eligibility approval for hydroelectric power generation.
The hydro plant is grid-connected with established municipal utility interconnection infrastructure and a long-term electric interconnection framework extending through 2048 (subject to utility terms and regulatory oversight). This presents an opportunity for a hydro operator, renewable energy developer, or infrastructure investor to evaluate operation and optimization of an existing hydroelectric asset within New Hampshire’s active Lakes Region. Buyer to perform all due diligence regarding generation capability, interconnection rights, permitting, REC eligibility, equipment condition, and operational feasibility.
Rare opportunity to acquire a hydroelectric generation site along the Squam River in downtown Ashland, NH. This unique property includes an existing dam, powerhouse building, hydroelectric infrastructure, and approximately 0.63± acres spanning both sides of the river.
Water flows over the dam and through the generation channel before returning to the Squam River below, highlighting the site’s historic and ongoing connection to hydroelectric power generation. The existing structure primarily serves as the hydro facility and equipment housing, and the seller reports upgrades to portions of the hydroelectric equipment over time.
Conveniently located near Interstate 93 in the heart of New Hampshire’s Lakes Region, the property offers access to regional transportation routes and municipal infrastructure. 22 Main Street presents a rare opportunity centered around existing hydro infrastructure with documented regulatory and interconnection framework.
Buyer to perform all due diligence regarding hydroelectric generation capabilities, interconnection rights, permitting, REC eligibility, equipment condition, and operational feasibility.
Located in the heart of downtown Ashland, New Hampshire, 22 Main Street occupies a unique position along the historic Squam River, a waterway that helped shape the region’s industrial heritage and continues to offer hydroelectric generation potential today.
Situated just minutes from Interstate 93 at Exit 24, the property provides convenient access to the Lakes Region, White Mountains, Concord, and the greater Boston market while benefiting from the charm and character of a traditional New England mill town.
Ashland’s downtown is one of the community’s greatest assets, featuring public water, sewer, municipally supplied electric service, walkable commercial amenities, and a concentration of historic buildings along the Squam River corridor. The town’s strategic location at the intersection of Interstate 93, U.S. Route 3, and NH Route 25 provides excellent regional accessibility for commercial, industrial, energy, and redevelopment uses.
The property is situated in a community with a long history of using the Squam River for manufacturing and hydropower. The river descends approximately 50 feet through the center of Ashland, creating one of New Hampshire’s historic hydro corridors and supporting generations of industrial development.
The Squam River corridor in Ashland continues to support active hydroelectric generation infrastructure, regulated interconnection agreements, and renewable energy production tied to the regional electric grid.
For developers, the location offers the opportunity to participate in the continued revitalization of Ashland’s historic mill district while benefiting from proximity to Squam Lake, Little Squam Lake, tourism-driven economic activity, and year-round recreational attractions that draw visitors throughout the Lakes Region.
For hydro and energy-focused buyers, the site represents a rare opportunity to acquire existing hydro infrastructure within a municipality that has long supported local generation, industrial water use, and distributed energy interconnection.