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.
|DAYS ON MARKET||49||LAST UPDATED||7/13/2020|
|STATUS||Active||PROPERTY TYPE(S)||Lots and Land|
|DIRECT WATERFRONT YN||0|
|FLOOD ZONE YN||0|
|LISTING AGENT BOARD||Greater Hartford|
|LOCATION||Highway Access, Other, Shopping Mall, Strip Mall, Suburban|
|LOT DESCRIPTION||Level Lot, Sloping Lot, Treed|
|POTENTIAL SHORT SALE||No|
|PROPERTY SUB TYPE||Commercial Land|
|PROPERTY TYPE||Lots and Land For Sale|
|ROAD FRONTAGE DESCRIPTION||Municipal Street, Paved Road|
|SEWAGE SYSTEM||Public Sewer Connected|
|TAX YEAR||July 2020-June 2021|
|UTILITIES AVAILABLE||Cable, Electric, Gas, Phone Available|
|WATER SOURCE||Public Water Connected|
|WATERFRONT DESCRIPTION||Not Applicable|
CONTACT US ABOUT 11 SPENCER & 363,365 OLCOTT STREET
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Listed with Borden-Lombardi Realty, LLC
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