11 Spencer & 363,365 Olcott Street, Manchester, CT 06042
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Kristopher Tramont

Kristopher Tramont

+1(860) 884-9511
$ 575,000
Est. payment | /mo

3 Baths

4,063 SqFt

Save
$ 575,000
Est. payment | /mo
Save

3 Baths

4,063 SqFt

Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,063 sqft

Price per Sqft $141

MLS Listing ID 170176547

Full Baths 2

Half Baths 1

Year Built 1936

Annual Tax Amount $11,456

Lot Size 5.550 Acres

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 and is vacant land, #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 THE TOTAL ACREAGE APPROXIMATELY 6 ACRES AND ALL 3 PARCELS WILL BE CONTIGUOUS. 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 elderly housing is a possible option.

Location

State CT

County Hartford

Zoning General Business

Interior

Heating Hot Air, Steam

Cooling Window Unit

Flooring Concrete, Tile, Vinyl, Wood

Exterior

Parking Features Off Street Parking, Driveway

Utilities Available Electric, Gas, Phone Available, Cable

Roof Type Asphalt Shingle,Other

Building

Lot Description Treed, Level Lot, Sloping Lot

Story 2

Foundation Concrete, Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Dick Borden • Borden-Lombardi Realty, LLC

Nearby Locations

Kristopher Tramont
Kristopher Tramont

Broker Associate | REB. REB.0794869

+1(860) 884-9511 | kris@kristophertramont.com

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11 Spencer & 363,365 Olcott Street