According to local history books, this building started out as a flour and rice mill then became a scrap iron depot. Ships would be tied up to the docks out back and hardware from the ships would be salvaged and sold. About 80 years ago the building became the store now known as Capital Iron. While they no longer sell old scrap from ships, they do carry all sorts of hardware, camping gear, kitchenware, Barbeque's, and so much more. And they have a neat collection of antique mariner's equipment down in the basement too!