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Undisclosed Address in Tolland, CT 06084
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$2,799,900
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Home Details 303 Merrow Road
Price
$2,799,900
Type
Commercial/Industrial
Total Bathrooms
5
Full Bathrooms
1
Half Bathrooms
4
Year Build
1987
Sq. Ft.
33778
Lot Size
15.32
County
Tolland
Tax
$42,193
MLS®️ Listing#
24069977
On exitrealty.com
260 days
Property Description
Exceptional investment opportunity at 303 Merrow Road, Tolland, CT. This 34,000-square-foot Class B office space is newly primed for conversion into a self-storage facility, thanks to recently approved zoning amendments and a strong market outlook. With the groundwork already in place, this property represents a unique opportunity to capitalize on the growing demand for self-storage in the Tolland area. Property Overview * Location: Strategically located just off Route 195, the property is only 1 mile from I-84 and 5.5 miles from the UConn Storrs campus. This highly accessible location connects to a wide customer base, including residents, businesses, and schools. * Zoning Flexibility: Newly approved zoning opens up a range of potential uses, making this property highly versatile. Options include self-storage, retail, personal and professional services, hospitality, mixed-use development, and more. * Development Potential: A Pre-Development Self-Storage Site & Market Feasibility Study conducted by Self Storage 101 has provided a detailed analysis of this opportunity. The study proposes a combination of drive-up, non-climate-controlled units on the open land and climate-controlled, interior-access units within the existing building. The included OM provides further information on these findings and recommendations.
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- Heating Information
- Propane
- Forced Air
- Cooling Information
- Central Air
- Water Features
- Public
- Utilities
- Cable Available
Listing Courtesy: Berkshire Hathaway NE Prop. - 860-648-2045. Presented by: Mark Riesbeck
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