Real Estate in Connecticut

11 Spencer & 363,365 Olcott Street, Manchester, CT 06042 (MLS # 170298631)

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PRICE $625,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 5.55 ac

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
COMMUNITY N/A COUNTY Hartford
STATUS Active PROPERTY TYPE(S) Lots and Land


ADDITIONAL DETAILS
ASSESSED VALUE 238900
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 TAX 10003
PROPERTY TYPE Lots and Land For Sale
ROAD FRONTAGE DESCRIPTION Municipal Street, Paved Road
SEWAGE SYSTEM Public Sewer Connected
SUBDIVIDABLE YNU Unknown
TAX YEAR July 2020-June 2021
UTILITIES AVAILABLE Cable, Electric, Gas, Phone Available
WATER SOURCE Public Water Connected
WATERFRONT DESCRIPTION Not Applicable




 
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Listed with Borden-Lombardi Realty, LLC
Listing information is deemed reliable, but not guaranteed.