When Paul Mooty saw the condition of the shuttered Faribault Woolen Mill Co. in Faribault, Minn., in 2010, the only thing that kept him from making a hasty exit was that the friend who drove him there wasn't ready to leave.
"The basement was flooded with ink, and the place was messy, dirty and stinky," said Mooty, an Edina lawyer who was looking for an investment at the time. "All I could think was, 'Wow, I wasted a day here.' "
It was only during closer inspection that Mooty discovered hints of the devotion to a place that didn't want to die.
In a small room undamaged by neglect, they found scores of passenger blankets made for railroads and airlines from before the 1970s. Boxes labeled Mesaba, Republic, Eastern, Northwest, Northeast, Evergreen and Altair were filled with blankets in pristine condition.
"That's when Chuck and I looked at each other and thought, 'Maybe this could work.' " Mooty said.
Dennis Melchert, a 42-year employee of the mill who brought potential suitors through after its abrupt closing in 2009, had rigged a system of funnels and drain lines from the ceiling to divert water from a leaky roof.
Melchert not only minimized water damage but also came in periodically to chase away vandals and pigeons and turn equipment on to prevent seals and bearings from seizing up.
"I saw a lot of suitors come and go touring the building," he said. "Each one was an opportunity. The place never deserved to close in the first place."