CT > Manchester
Manchester, CT 06042,11 Spencer & 363,365 Olcott Street
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Found It Team

Found It Team

+1(800) 790-7576
$575,000
Est. payment /mo
5.55 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial Land

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 170298631

Annual Tax Amount $11,456

Lot Size 5.550 Acres

Property Sub-Type Commercial Land

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.

Location

State CT

County Hartford

Zoning General Business

Exterior

Utilities Available Electric, Gas, Phone Available, Cable

Waterfront Description Not Applicable

Building

Lot Description Level Lot, Sloping Lot, Treed

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Dick Borden • Borden-Lombardi Realty, LLC
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