Active
11 Spencer & 363,365 Olcott Street
Manchester CT, 06042
$575,000
$141.52 per sqft
Active
3 Baths
4,063 sqft
Commercial
Built in 1936
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.
170176547
MLSⓇ ID
March 28, 2019
Listed
October 1, 2024
Updated
Map
11 Spencer & 363,365 Olcott Street
Manchester CT, 06042
Interior Features
Total Stories
2
Total Bathrooms
3
Full Bathrooms
2
Half Bathrooms
1
Interior Features
Concrete, Tile, Vinyl, Wood
Floor Description
Concrete, Tile, Vinyl, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Natural Gas, Oil, Forced Air, Steam
Exterior/Building Features
Lot Size
5.55 Acres
Lot Features
Level, Sloped, Wooded
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
N/A
Taxes
$11,128
Tax Frequency
Annually
Days on Market
1135
Garage
No
Parking
Off Street, Driveway
Parking Total
11
View
No
County
Hartford
Water Source
Public
Pool
No
Zoning
General Business
Listing History
Date | Event | Price |
|---|---|---|
8/27/2024 | Active | — |
Listed by Dick Borden with Borden-Lombardi Realty, LLC
Listing Contact: 8604638103
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Data last updated on 10/1/2024 at 11:46 PM UTC