388 Route 2, Preston, CT 06365

*** ATTENTION CASH BUYERS/INVESTORS/REHAB CONTRACTORS *** WONDERFUL MULTI-USE PROPERTY; CAN BE USED FOR RESIDENTIAL OR COMMERCIAL. FOR SALE - 3.50 ACRES; ZONED R-60 RESIDENTIAL PROPERTY WITH A DRILLED WELL AND CESSPOOL. LOCATION IS A CORNER LOT AT THE INTERSECTION OF NORWICH-WESTERLY RD (STATE ROUTE 2) AND SHEWVILLE RD. LAND IS LEVEL AND DRY (NO WETLANDS) AND SITUATED DIRECTLY ACROSS FROM THE PRESTON TOWN HALL/PUBLIC LIBRARY COMPLEX. ONLY 2 MILES FROM FOXWOODS RESORT & CASINO (https://www.foxwoods.com) SITE IS WITHIN A DESIGNATED RESORT/COMMERCIAL DISTRICT AS DEFINED BY THE ZONING COMMISSION. (REFER TO THE TOWN’S ZONING REGULATIONS AT THE BOTTOM OF THE PAGE FOR ADDITIONAL DETAILS). FORMER SITE OF “THE COMMONS” FILLING STATION THAT SOLD GASOLINE AND CONSUMABLE PRODUCTS TO THE PUBLIC FROM 1935-1983. TWO (2) SMALL (< 1000 GALS) UNDERGROUND FUEL STORAGE TANKS WERE REMOVED IN THE LATE 1970s. PHASE 1 ENVIRONMENTAL STUDY REPORT (ESR) COMPLETED IN 2007. NO EVIDENCE OF HAZARDOUS MATERIALS OR CONTAMINATION FOUND. SOIL AND WATER SAMPLES COLLECTED IN 2021 WERE TESTED BY A CERTIFIED ENVIRONMENTAL LABORATORY WHICH FOUND NO TRACES OF ANY SUBSURFACE CONTAMINATION. SMALL UNFURNISHED 1910s RANCH HOUSE IN POOR CONDITION IS ON THE PROPERTY AND INCLUDED. STRUCTURE IS SOUND BUT NEEDS EXTENSIVE COSMETIC AND MECHANICAL REPAIRS. SQUARE FOOTAGE: 660 2 BEDROOMS, 1 BATH, LR, KITCHEN AND FULL UNFINISHED BASEMENT. HARDWOOD FLOORS IN LR AND BEDROOMS. SEE ATTACHED PHOTOS. MUST SELL. ALL REASONABLE OFFERS CONSIDERED. PROSPECTIVE BUYERS ARE ENCOURAGED TO DO THEIR OWN DUE DILIGENCE WITH THE TOWN OF PRESTON REGARDING ZONING PRIOR TO SUBMITTING AN OFFER. https://www.preston-ct.org/DocumentCenter/View/1407/APPROVED-ZONING-REGULATIONS-March-18-2019 Selling “AS-IS”. NO OWNER/SELLER FINANCING. NO RENT-TO-OWN OR LEASE OPTION. SALE SUBJECT TO PROBATE COURT APPROVAL. CURRENT ASSESSED VALUE: $89,200 CURRENT APPRAISED VALUE: $128,000 source: https://gis.vgsi.com/prestonct/Parcel.aspx?Pid=1757 CIMLS # 955632