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    146 Route 2 Preston, CT 06365

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    For Sale
    $240,000

    Mixed-use property featuring a brook border and commercial zoning.

    Lot size:
    1.00 Acre

    Property Features for 146 Route 2

    General Information

    Lot size
    1.00 Acre

    Building Details

    Year built
    1925

    Source: Signature Properties of NewEng Agent Leo Chomen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Brook Border

    This mixed-use property is located in a commercial zone and bordered by an active brook. It features a newer heating system, a fireplace, and an outdoor fireplace. A two-car garage is included. The roof appears to be newer. The building is of brick construction and is functional. The property requires work, including some overhead porch ceiling repair, finishing the hardwood floors, appliances, and paint. The property is being sold as-is, though inspections are welcome. The adjacent professional office building at 148 Route 2 is in very good shape and can be purchased as a package or individually. Development ideas may be possible by combining it with the neighboring property.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath Garden Center Electrical Service Car Rental Smoke and Vape Shop Shopping Mall

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Preston
    County
    New London
    State
    Connecticut
    Longitude
    -72.032307
    Latitude
    41.499202

    Nearby Similar for Sale

    • $320,000

      Renovated Office Building with Garage

      Well-maintained office building with ample parking and possible mixed-use conversion.
      148 Route 2, Preston, CT 06365
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      Development Opportunity Near Mohegan Sun

      Car wash, convenience store, and gas station near Mohegan Sun.
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      Preston Specialty Property For Sale

      Specialty property available for purchase in Preston, Connecticut.
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      Route 164 Specialty Property

      Specialty property available for sale on Route 164.
      381 Route 164, Preston, CT 06365
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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring a brook border and commercial zoning.
    Where is this mixed-use property located?
    The property is located at 146 Route 2 Preston, CT.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Newer heating system; - Two-car garage; - Newer-looking roof
    (860) 447-8839
    Request Owner's contact information
    146 Route 2 Preston, CT 06365
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    Preston, CT 06365
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    146 Route 2 Preston, CT 06365
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