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11 Spencer & 363,365 Olcott Street, Manchester, CT 06042

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Listing Type
commercial/industrial
Listing Status
active
1
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Transportation
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$625,000

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Home Details for 11 Spencer & 363,365 Olcott Street

Price
$625,000
Type
commercial/industrial
Year Build
1936
Sq. Ft.
4,063
Lot Size
5.5500
County
Hartford
On exitrealty.com
704 days
MLS Listing#
170176547

Property Description

This prime location listing is for a total of 5.55 acres in 3 parcels of 560 ft of frontage on Spencer St and over 13,000 vehicles per day (according to CT DOT), which must be sold as one package. #363 Olcott St. is .45 acre and is vacant land, #365 Olcott St. is .23 acre and has a residential home on site, #11 Spencer St. is 4.87 acres and has a small 810 sf retail building and a residential home on site. All tenants on month to month leases. See attached info. High traffic area with easy access to Interstate Highways - 384 or 84. There is a traffic signal at this corner - Olcott and Spencer. PLEASE NOTE THE OWNERS ARE WORKING WITH THE TOWN AND THERE IS AGREEMENT TO ABANDON OLCOTT STREET WEST WHICH WILL MAKE THE TOTAL ACREAGE APPROXIMATELY 6 ACRES AND ALL 3 PARCELS WILL BE CONTIGUOUS. Property has excellent potential for commercial or business development due to General Business Zone. There is a need for housing in Manchester and an approval for elderly housing is a possible option.

Property Features

EXIT ABOVE AND BEYOND REALTY
47 Palomba Drive, Suite #103, Enfield, CT 06082
$625,000

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EXIT ABOVE AND BEYOND REALTY
47 Palomba Drive, Suite #103, Enfield, CT 06082
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