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 parcel, #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 ALL 3 PARCELS CONTIGUOUS BRINGING TOTAL ACREAGE TO APPROX. 6 ACRES. 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 housing is a possible option.
Features of 11 Spencer & 363,365 Olcott Street
MLS® # | 170298631 |
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Price | $575,000 |
Bathrooms | 0.00 |
Acres | 5.55 |
Type | Lots and Land For Sale |
Sub-Type | Commercial Land |
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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Is Waterfront | No |
Waterfront | Not Applicable |
Has Pool | No |
Interior
Fireplace | No |
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Exterior
Lot Description | Level Lot, Sloping Lot, Treed |
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School Information
Elementary | Per Board of Ed |
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High | Per Board of Ed |
Additional Information
Date Listed | May 27th, 2020 |
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Days on Market | 1436 |
Zoning | General Business |
RE / Bank Owned | No |
Listing Details
Office | Borden-Lombardi Realty, LLC |
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