About 11 Spencer & 363,365 Olcott Street
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.
Features of 11 Spencer & 363,365 Olcott Street
MLS® # | 170176547 |
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Price | $575,000 |
Bathrooms | 2/1 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 4,063 |
Square Footage | Public Records |
Acres | 5.55 |
Year Built | 1936 |
Type | Commercial For Sale |
Status | Under Contract |
Community Information
Address | 11 Spencer & 363,365 Olcott Street |
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Area | N/A |
City | Manchester |
County | Hartford |
State | CT |
Zip Code | 06042 |
Amenities
Utilities | Electric, Gas, Phone Available, Cable |
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Parking Spaces | 11 |
Parking | Attached Garage, Driveway, Off Street Parking |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Concrete, Tile, Vinyl, Wood |
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Heating | Hot Air, Steam, Natural Gas, Oil |
Cooling | Window Unit |
Fireplace | No |
# of Stories | 2 |
Exterior
Lot Description | Level Lot, Sloping Lot, Treed |
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Roof | Asphalt Shingle, Other |
Foundation | Concrete, Masonry |
Additional Information
Date Listed | March 28th, 2019 |
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Days on Market | 1862 |
Zoning | General Business |
RE / Bank Owned | No |
Listing Details
Office | Borden-Lombardi Realty, LLC |
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