11 Spencer & 363,365 Olcott Street, Manchester, CT

$575,000

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2/1

Baths

4,063

Square feet

5.55

Acres

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
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
Area N/A
City Manchester
County Hartford
State CT
Zip Code 06042

Amenities

Utilities Electric, Gas, Phone Available, Cable
Parking Spaces 11
Parking Attached Garage, Driveway, Off Street Parking
Is Waterfront No
Has Pool No

Interior

Interior Concrete, Tile, Vinyl, Wood
Heating Hot Air, Steam, Natural Gas, Oil
Cooling Window Unit
Fireplace No
# of Stories 2

Exterior

Lot Description Level Lot, Sloping Lot, Treed
Roof Asphalt Shingle, Other
Foundation Concrete, Masonry

Additional Information

Date Listed March 28th, 2019
Days on Market 1862
Zoning General Business
RE / Bank Owned No

Listing Details

OfficeBorden-Lombardi Realty, LLC

Listing Map

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