Testing was completed last week on the water and soil at the former Burr Motors property, at the corner of Bridge Street and Angela Avenue.
Economic Development Director Gary Schatz said the municipality is eager to move forward with selling the lot, and now must wait between six and eight weeks to see if remediation is necessary.
“If it’s clean we are good to go and I can start promoting it for sale…There are people who are interested in that property and I’ll start marketing that property as an available piece of real estate. It’s prime.”
Schatz could not estimate a value of the lot, a former gas station and car dealership.
If the soil needs to be cleaned, it will either affect the value of the land or increase the town’s investment in the property, which it acquired through tax sale.
He said it’s likely the town will want to market the property after it has been remediated. “I am assuming we are going to do that to make it a marketable piece but again it all has to go before council to be decided.”
Related: Corner lot is “prime” location for development
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