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Undisclosed Address in Manchester, CT 06042
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$575,000
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Home Details 11 Spencer & 363,365 Olcott Street
Price
$575,000
Type
Commercial/Industrial
Sq. Ft.
2968
Lot Size
5.55
County
Hartford
Tax
$11,456
MLS®️ Listing#
170298631
On exitrealty.com
1960 days
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 parcel, #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 ALL 3 PARCELS CONTIGUOUS BRINGING TOTAL ACREAGE TO APPROX. 6 ACRES. 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 housing is a possible option.
- Utilities
- Cable Available
- Natural Gas Available
- Waterfront and Water Access
- Not Applicable
- Water Features
- Public
Listing Courtesy: Borden-Lombardi Realty, LLC - (860) 463-8103. Presented by: Dick S. Borden
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