1. Connecticut
  2. Manchester
  3. 11 Spencer & 363,365 Olcott Street
$575,000

11 Spencer & 363,365 Olcott Street, Manchester, CT 06042

  • 3 baths |
  • 4,063 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1936
  • Property Lot Size Icon5.55acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $142/sqft
  • Property List Date Icon Listed 6 years ago

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.

Listing Status:
Pending
Date Added:
March 28, 2019 at 09:59PM
Listing Office:
Borden-Lombardi Realty, LLC : (860) 463-8103
Listing Agent:
Dick Borden : (860) 463-8103
MLS ID:
170176547
  • Flooring: ConcreteTileVinylWood
  • A/C: Window Unit
  • Heating: Hot AirSteamNatural GasOil
  • Parking: Parking spaces: 11
  • Roofing: Asphalt ShingleOther
  • Road/Access: Municipal StreetPaved Road
  • County: Hartford
  • Zoning: General Business2136931
  • Current Use: Retail & Residential
  • Utilities: ElectricGasPhone AvailableCable
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected
  • Exclusions: N/A

This listing courtesy of Dick Borden, Borden-Lombardi Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bowers Elementary School

141 Princeton St, Manchester, CT, 06042

Grades KG-5

0.72 miles away

I

Illing Middle School

227 Middle Tpke E, Manchester, CT, 06040

Grades 6-8

0.80 miles away

M

Manchester High School

134 Middle Tpke E, Manchester, CT, 06040

Grades 9-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.