11 Spencer & 363,365 Olcott Street

Manchester, CT 06042 Directions
$625,000
  • 5.55Acres

Property Highlights

  • Days on Market: 144
  • MLS: 170298631

Property Highlights

  • Days on Market: 144
  • MLS: 170298631

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...

Property Highlights

  • Days on Market: 144
  • MLS: 170298631

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.

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.

Read MoreRead Less
  • Lot Details
    • Acres: 5.55
    • County: Hartford
    • Lot Description: Level Lot, Sloping Lot, Treed
    • Water Description: Public Water Connected
    • Waterfront Description: Not Applicable
  • Additional Information
    • Area Type: Highway Access, Suburban, Shopping Mall, Strip Mall, Other
    • Days On Market: 139
    • Elementary School: Per Board of Ed
    • High School: Per Board of Ed
    • Road Frontage Description: Municipal Street, Paved Road
    • Sewer: Public Sewer Connected
    • Status: Active
    • Subtype: Commercial Land
    • Tax Amount: $10,003
    • Tax Year: July 2020-June 2021
    • Type: Lots and Land For Sale
    • Utilities Available: Electric, Gas, Phone Available, Cable

Listing Courtesy of Borden-Lombardi Realty, Llc.

Click to view full screen