11 Spencer & 363,365 Olcott Street Active Save Request In-Person Tour Request Virtual Tour
Manchester,CT 06042
Key Details
Property Type Commercial
Listing Status Active
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 $11,128
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