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The Comtu Falls building currently houses a small-scale hydroelectric facility on the first floor and is vacant on the second and third floors. Textile manufacturers occupied the property from 1871 until 1952, a machine shop from 1952 until 1972, and a plastic molding manufacturer from 1972 until 1981. Redevelopment of the building will include commercial and retail on the first and second floors, with residential housing on the third. Stone performed a Phase I Environmental Site Assessment (ESA) in 2019 and identified several recognized environmental conditions (RECs) including operation of the property as a textile manufacturing facility and machine shop, and a long history of industrial use on adjoining properties.